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U.S. Oil Stockpiles Fell By 3.6 Million Barrels Last Week: EIA -Breaking

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Investing.comAccording to the Energy Information Administration, U.S. crude oil inventories fell by more than was expected during the week ended Wednesday.

Last week’s crude inventories dropped by 3.576million barrels, which is lower than analysts expected.

According to the EIA, distillate stockpiles (which include diesel) fell by 1.726M barrels last week, against the expectations of a draw in 59,000 barrels.

The EIA reported that gasoline inventories dropped by 1.459mb barrels last week, which is lower than the 31,000 barrels expected.

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