U.S. crude oil inventories increased for the eighth consecutive time futures prices ended lower oscillation.

<p style=text-indent: 2em> </ p> <p style=text-indent: 2em> </ p> <p style=text-indent: 2em> 4 月 7 Xinhua The Associated Press, United States Wednesday .data showed crude stocks eighth consecutive increase in refinery utilization rates increase. .Crude oil futures prices ended lower oscillation. .</ P> <p> <p style=text-indent: 2em> New York Mercantile Exchange, May delivery of light sweet crude fell 19 cents to $ 55.85 a barrel. .The intraday futures rose 76 cents to $ 56.80 a barrel. .</ P> <p style=text-indent: 2em> London's International Petroleum Exchange, May Brent crude futures settled down 17 cents to $ 55.27 a barrel. .The intraday futures rose 26 cents to $ 55.70 a barrel. .</ P> <p style=text-indent: 2em> analysts believe that the U.S. oil market gasoline is the key word. .Market concern is that, before the arrival of the driving season, gasoline inventories have not risen, while the demand remains very strong. .Gasoline prices have now risen to $ 2.22 per gallon. .Most analysts believe that high oil prices will continue. .</ P> <p style=text-indent: 2em> latest data according to the U.S. Department of Energy, U.S. commercial crude oil inventories rose last week, 240 million barrels to 317.1 million barrels for the June 2002 to the highest. .Unexpected increase in distillate stocks of 70 million barrels to 104.1 million barrels, slightly above last year's inventory levels. .Distillates, including diesel and aviation fuel. .</ P> <p style=text-indent: 2em> U.S. Department of Energy also said that the U.S. refinery utilization rate increased from 2.6 to 93.7%. .</ P> <p style=text-indent: 2em> data also showed that gasoline demand increased by 2% over last year, gasoline inventories decreased by 210 million barrels last week to 221.3 million barrels, but 5.5% more than last year.