Oil Supply Rises in Survey as Refining Declines: Energy Markets

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U.S. oil supplies probably rose last week as refineries undergoing seasonal maintenance cut their processing rates to the lowest level since April, reducing demand for crude, a Bloomberg News survey showed.

Stockpiles gained 413,000 barrels from 357.9 million, according to the median of 14 analyst estimates before an Energy Department report tomorrow. Gasoline stocks were little changed in the survey and distillates fell.