MW: U.S. Energy Dept. posts 5.6 mln-barrel rise in crude supply
By Myra P. Saefong
SAN FRANCISCO (MarketWatch) -- Crude supplies rose for a third week, up 5.6 million barrels for the week ended Oct. 10, according to the Energy Department Thursday. Motor gasoline supplies climbed 7 million barrels. Distillate stocks were down a seventh week, by 500,000 barrels. Refinery utilization was at 82.2% compared with 80.9% of capacity a week earlier. Following the news, November crude was down 4.5% at $71.21 a barrel on Globex.