Crude oil was little changed in New York after stalling near a three-week high last week on signs rising U.S. gasoline stockpiles may damp motor-fuel prices.
U.S. gasoline stockpiles increased for a second week, leaving them 7.5 percent below the five-year average on May 11, the Energy Department said last week.
Crude oil for June delivery was at $65.07 a barrel, up 13 cents, in after-hours electronic trading on the New York Mercantile Exchange at 8:34 a.m. in Singapore.
The contract, based on the U.S. benchmark West Texas Intermediate grade crude, rose 8 cents to $64.94 on May 18, the highest close since April 30. It earlier reached $65.64, the highest intraday price since May 1.
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Crude Oil Stable on Rising Gasoline Stockpiles
Crude oil was little changed in New York after stalling near a three-week high last week on signs rising U.S. gasoline stockpiles
