Stock Groups

U.S. Oil Stockpiles Dropped 1.86 Million Barrels Last Week: EIA -Breaking

by Mike Robinson

[ad_1]

© Reuters.

Sam Boughedda

Investing.comThe Energy Information Administration reported Wednesday that U.S. oil stocks fell more than anticipated in the last week.

Last week’s drop in oil production was 1.863 million barrels, which is lower than analysts expected.

According to the EIA, stockpiles including diesel and fell by 5.231M barrels per week. This was against the expectations of a draw down of 1.914 Million barrels.

According to the EIA, inventories fell by 1.405million barrels last week compared to expectations of a draw at 2.105 million barrels.

Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media does not accept any liability for trade losses you may incur due to the use of these data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.

[ad_2]