06-11-2015, 05:28 AM
6-10-2015
Oil jumps after U.S. stockpile draw; gasoline at seven-month high
Oil rallied for a second straight day on Wednesday, with U.S. crude nearing a one-month high and gasoline hitting its highest price since November.
Jim Williams, energy economist at WTRG Economics in London, Arkansas, noted that U.S. crude stockpiles were at least 20 percent higher now than a year ago.
Oil jumps after U.S. stockpile draw; gasoline at seven-month high
Oil rallied for a second straight day on Wednesday, with U.S. crude nearing a one-month high and gasoline hitting its highest price since November.
Jim Williams, energy economist at WTRG Economics in London, Arkansas, noted that U.S. crude stockpiles were at least 20 percent higher now than a year ago.