Economics

Oil Supply Rising to One-Month High in Survey: Energy Markets

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U.S. crude oil inventories probably increased to a one-month high last week amid signs that U.S. economic growth is slowing, a Bloomberg News survey showed.

Supplies rose 1.2 million barrels, or 0.3 percent, in the seven days ended Aug. 27 from 358.3 million a week earlier, according to the median of 16 analyst estimates before an Energy Department report tomorrow. The gain would leave stockpiles at the highest level since July 23.