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