Investing.com — U.S. oil stockpiles declined more than expected in the latest week, the Energy Information Administration said on Wednesday.
dropped 6.718 million barrels last week, compared with analysts’ expectations for a draw of 4.686 million barrels.
stockpiles, which include diesel and , fell 869,000 barrels in the week against expectations for a build of 486,000 barrels, the EIA data showed.
were 187,000 barrels. The weekly rose 0.7%, according to the EIA report.
inventories rose 1.522 million barrels last week the EIA said, compared with expectations for a draw of 886,000 barrels.
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.
Need Your Help Today. Your $1 can change life.