Investing

Oil Stockpiles Fall 994,000 Barrels Last Week: EIA By Investing.com

© Reuters.

By Liz Moyer

Investing.com — U.S. oil stockpiles fell more than expected in the latest week, the Energy Information Administration said on Wednesday.

fell 994,000 barrels last week, compared with analysts’ expectations for a build of 446,000 barrels.

stockpiles, which include diesel and , declined by 9,000 barrels in the week against expectations for a draw of 429,000 barrels, the EIA data showed.

fell 80,000 barrels. The weekly was 0.6%, according to the EIA report.

inventories rose 4.466 million barrels last week the EIA said, compared with expectations for a 1.134 million-barrel build.

 

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.


Most Related Links :
Business News Governmental News Finance News

Need Your Help Today. Your $1 can change life.

[charitable_donation_form campaign_id=57167]

Source link

Back to top button