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U.S. Oil Stockpiles Rose 1 Million Barrels Last Week: EIA -Breaking

by Mike Robinson

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© Reuters.

By Sam Boughedda

Investing.com — U.S. oil stockpiles rose lower than anticipated within the newest week, the Vitality Info Administration stated on Wednesday.

Crude inventories rose 1.001m barrels final week, in contrast with analysts’ expectations for a construct of two.125 million barrels.

Distillate stockpiles, which embrace diesel and , declined by 2.613m barrels within the week towards expectations for a draw of 1.133 million barrels, the EIA knowledge confirmed.

Gasoline inventories declined by 1.555m barrels final week, the EIA stated, in contrast with expectations for a draw of 1.193 million barrels.

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