New York's main oil futures contract, light sweet crude for delivery in May, stood at US$63.28 a barrel and Brent North Sea crude for June delivery rose to US$66.11. This gain has been by concerns over tight gasoline supplies in the United States, ahead of USA's summer holiday driving season that gets underway next month.
Despite ample crude oil supplies, the US market may see a tight gasoline situation because of refinery problems.
18-Apr-07 
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