YOUR FRIENDS' ACTIVITY

    Ahead of the Bell: Oil supplies expected to fall

    Analysts expect DOE to report US oil supplies shrank, gasoline stockpiles grew last week

    Associated Press – Fri, Jan 4, 2013

    NEW YORK (AP) -- The Energy Department is expected to report Friday that the nation's crude oil supplies dropped by 1 million barrels in the week ended Dec. 28, according to a survey of analysts by Platts, the energy information arm of McGraw-Hill Cos.

    Analysts estimate that gasoline supplies increased 2.3 million barrels, distillate stocks — which include diesel and heating fuel — grew by 1.6 million barrels and refinery utilization rose by 0.45 percentage point to 90.75 percent of capacity.

    The Energy Information Administration releases its weekly report at 11:00 a.m. EST, two days later than usual because of the New Year holiday on Tuesday.

    Loading...

    News for You »

    • The Gruesome Details of London's Horrifying Machete Attack

      An attack in broad daylight in London on Wednesday is drawing a swift response — and a possible terror link — from the highest authorities. Reports suggest two men chased down another man with their car before getting out, attacking him with a machete, and dragging him through the city streets. 

    • Cycling-Road-Giro d'Italia classification after stage 16

      May 21 (Infostrada Sports) - Classification from Giro d'Italia after Stage 16 on Tuesday 1. Vincenzo Nibali (Italy / Astana) 67:55:36" 2. Cadel Evans (Australia / BMC Racing) +1:26" 3. Rigoberto Uran (Colombia / Team Sky) +2:46" 4. Michele Scarponi (Italy / Lampre) +3:53" 5. Przemyslaw Niemiec (Poland / Lampre) +4:13" 6. Mauro Santambrogio (Italy / Vini Fantini) +4:57" 7. Carlos Betancur (Colombia / AG2R) +5:15" 8. Rafal Majka (Poland / Saxo - Tinkoff) +5:20" 9. Benat Intxausti (Spain / Movistar) +5:47" 10. Domenico Pozzovivo (Italy / AG2R) +7:34" 11. Tanel Kangert (Estonia / Astana) +7:43" ...

    • Extreme Solar Storm Could Cause Widespread Disruptions on Earth

      WASHINGTON — If an extreme solar storm aimed at the Earth hits in just the right way, it could put interconnected electrical grids around the world at serious risk, experts say.

    • 10 gut-wrenching images from the devastating Oklahoma tornado

      Entire neighborhoods and two elementary schools were obliterated

    • Judge: Hollister clothing unfriendly to disabled

      DENVER (AP) — A federal judge in Denver is contemplating an injunction against Abercrombie & Fitch Co. and J.M. Hollister LLC after ruling earlier that nearly 250 of their clothing stores that cater to a hip, young clientele are unfriendly to the disabled.

    • John McCain Is the Latest Senior Senator to Have Had Enough of Junior Ted Cruz

      For two days John McCain and Ted Cruz have been fighting on the Senate floor over the rules for negotiating a budget, but, like so many fights, it's also about so much more. Cruz is being annoying about the budget, but worse, he just doesn't get the Senate. 

    • Dog Found Standing Guard Over a Tornado Victim Reunited With Her Owner

      There's a happy ending to the story of a dog, found alive in the rubble after a massive tornado devastated Moore, Oklahoma: she's been reunited with her owner.

    • Why We Can't Forget That Oklahoma's Senators Voted Against Sandy Relief

      Nearly four months ago, Oklahoma Senators Tom Coburn and James Inhofe both voted against H.R.152, the Disaster Relief Appropriations Act that eventually sent $50.5 billion in relief to victims of Hurricane Sandy. And in the flurry of last night's devastation in Moore, Oklahoma. it was impossible not to forget that fact, knowing the federal government would soon rally to the cause.

    Show More

    Follow Yahoo! News

    Loading...