MW: U.S. Energy Dept. posts 8.1 million-barrel crude supply rise
By Myra P. Saefong
SAN FRANCISCO (MarketWatch) -- Crude supplies rose for a second week, up 8.1 million barrels for the week ended Oct. 3, according to the Energy Department Wednesday. Motor gasoline supplies climbed 7.2 million barrels. Distillate stocks were down for a sixth week, by 500,000 barrels. Refinery utilization was at 80.9% compared with 72.3% of capacity a week earlier. Following the news, November crude was down 2.2% at $88.07 a barrel on Globex.