31. In NEW YORK, gasoline futures rose on concern that shipments from Venezuela could be disrupted at a time of lean supplies. 32. November heating oil and gasoline futures are also seen opening lower. 33. Oil stocks advanced on gains in crude oil prices and gasoline futures. 34. On Friday morning, New York Harbor unleaded gasoline futures were down slightly after hitting a nine-year high on Thursday. 35. Refiners sold gasoline futures contracts while at the same time buying the crude oil needed to make the fuel. 36. Speculation about the fire helped drive gasoline futures higher yesterday. 37. Stronger crude prices were supported by higher gasoline futures, traders said. 38. Still, traders expect demand to rise, along with gasoline futures. 39. That means that explosions and fires, the basic facts of refining life, could cause gasoline futures to move ever higher. 40. The MTBE shortage helped push gasoline futures to an eight-week high. |