U.S. pump prices seen surging as refinery outages cut supply ahead of summer

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Crude oil closed with slight losses Friday a day after jumping to four-month highs, but prices still posted a ~4% gain for the week, helped by larger than expected drops in U.S. inventories for crude and gasoline, and a stronger demand forecast from the International Energy Agency.

The post U.S. pump prices seen surging as refinery outages cut supply ahead of summer first appeared on Investorempires.com.

 

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