Sam Boughedda

Investing.comAccording to the Energy Information Administration, U.S. crude oil inventories rose slightly less than was expected during the week ended Wednesday.

Last week’s increase in oil production was 0.62 million more than analysts expected.

According to the EIA, stockpiles including diesel and fell by 1.449million barrels last week, against the expectations of a draw in the range of 0.22 million barrels.

The EIA reported that inventories decreased by 1.573million barrels last Wednesday, in comparison to EIA’s expectations for an increase of 0.80 million barrels.