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 NEW YORK (AP) - Oil prices inched higher after a U.S. government report showed gasoline stocks rose unexpectedly, but still not enough to dispel supply fears at the kickoff of the summer driving season.
The Energy Information Administration reported that gasoline stocks grew by an average of 1.5 million barrels last week to 196.7 million barrels, nearly doubling analysts' expectations but still well below the lower end of the average for this time of year.
Crude oil supplies rose by 2 million barrels to 344.2 million barrels, just above the upper end of the average. The forecast was for a drop of 200,000 barrels.
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