Investing.com — U.S. oil stockpiles dropped by more than expected in the latest week, the Energy Information Administration said on Wednesday.
Crude inventories fell 7.169 million barrels last week, compared with analysts’ expectations for a draw of 3.088 million barrels.
Gasoline inventories rose 1.29 million barrels last week the EIA said, compared with expectations for a draw of 1.633 million barrels.
Oil Stockpiles Fell 7.2 Million Barrels Last Week: EIA
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.