Crude oil rose above $76 a barrel to a one-year high in New York after an Energy Department report showed an unexpected decline in U.S. gasoline stockpiles as refineries idled units for maintenance. Crude oil for November delivery climbed 42 cents, or 0.6 percent, to $75.60 a barrel at 11:21 a.m. on the New York Mercantile Exchange.
Crude oil rose above $76 a barrel to a one-year high in New York after an Energy Department report showed an unexpected decline in U.S. gasoline stockpiles as refineries idled units for maintenance. Crude oil for November delivery climbed 42 cents, or 0.6 percent, to $75.60 a barrel at 11:21 a.m. on the New York Mercantile Exchange.
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