Stock Groups

U.S. Oil Stockpiles Fell 3.4 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.

The drop in oil production was 3.449 Million barrels, which is lower than analysts expected.

According to the EIA, stockpiles including diesel and rose by 1.394 Million barrels last week, against the expectations of a draw down of 1.550,000,000 barrels.

The EIA reported that inventories rose by 785k barrels last week compared to what was expected for a draw in 1.744.

Disclaimer: Fusion MediaThis website does not provide accurate and current 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 or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.

[ad_2]