Ahead Of The Bell: Jump In Crude Reserves Expected

NEW YORK (AP) — The Energy Department will likely report an 800,000-barrel jump in crude oil reserves on Wednesday for the week ended June 5, according to a survey by Platts, the energy information arm of McGraw-Hill Cos.

The Energy Information Administration releases its weekly report at 10:30 a.m. EDT.

Platts also expects gasoline stockpiles to rise by 1.1 million barrels, distillate stocks to increase by 1.1 million barrels and refinery capacity to jump 0.3 percentage point to 86.6 percent. ...