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U.S. Oil Stockpiles Fell By 910,000 Barrels Last week: EIA -Breaking

by Mike Robinson

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© Reuters.

Sam Boughedda

Investing.com — Investing.comAccording to the Energy Information Administration, U.S. crude oil inventories fell lower than anticipated last week.

The crude oil inventories decreased by 910,000 barrels per week, in contrast to analysts’ predictions for a draw at 1.237million barrels.

According to the EIA, distillate stockpiles (which include diesel) rose by 2.16 Million barrels per week, against the expectations of an increase of 462,000 barrels.

According to the EIA, gasoline inventories rose by 4.029million barrels in last week’s oil price increase, which is higher than what was expected for an increase of 29,000 barrels.

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