Stock Groups

Oil Stockpile Dropped by 3.48 Million Barrels Last Week: EIA By


© Reuters.

The Energy Information Administration announced Wednesday that U.S. crude oil stocks fell more than anticipated in the last week.

fell 3.481 million barrels last week, compared with analysts’ expectations for a draw of 2.44 million barrels.

According to the EIA, stockpiles which includes diesel and were down 2.555 millions barrels last week compared with expectations of a draw in excess of 1.19million barrels.

According to the EIA, inventories increased by 3.475million barrels in week last week, which is higher than what was expected for a draw at 1.067million barrels.


Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. CFDs include futures, stocks, indexes and Forex. Prices are provided not by the exchanges. They are provided by market makers. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.