Sam Boughedda

Investing.comAccording to the Energy Information Administration, U.S. crude oil inventories rose faster than predicted in the most recent week.

The increase was 9.382 Million barrels, which is higher than analysts expected.

According to the EIA, stockpiles including diesel and fell by 2.902million barrels last week, against the expectations of a draw in excess of 0.515million barrels.

The EIA reported that inventories decreased by 3.649million barrels, which is lower than the expected draw of 0.38 million barrels.