US Crude Oil Stocks Post Unexpected Rise Of 1.821 Mln Barrels

Investing.com – US crude stocks rose by 1.821 million barrels, the American Petroleum Institute (API) reported Tuesday, with gasoline supplies down by 1.529 million barrels and distillates up by 2.696 million barrels.

Supplies at the oil storage hub at Cushing, Oklahoma, fell by 3.178 million barrels.

The figure are followed by official data from the Energy Information Administration (EIA) on Wednesday.

Analysts expected stocks down 2.301 million barrels art the end of last week. Distillate stocks were seen up by 230,000 barrels. Gasoline inventories were seen up by 1.199 million barrels.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

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.