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U.S. Oil Stockpiles Rose 1.3 Million Barrels Last Week: EIA

U.S. Oil Stockpiles Rose 1.3 Million Barrels Last Week: EIA
© Reuters.

Investing.com — U.S. oil stockpiles unexpectedly rose in the latest week, the Energy Information Administration said on Wednesday.

Crude inventories rose by 1.302 million barrels last week, compared with analysts’ expectations for a draw of 0.829 million barrels.

Distillate stockpiles, which include diesel and heating oil, fell 2.344 million barrels in the week against expectations for a draw of 1.341 million barrels, the EIA data showed.

Gasoline inventories fell 2.230 million barrels last week, the EIA said, compared with expectations for a draw of 0.589 million barrels.

Source: Investing.com

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