Investing

Oil Stockpiles Fell 6.64 Million Barrels: EIA By Investing.com

© Reuters.

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

Crude fell 6.64 million barrels last week, compared with analysts’ expectations for a build of 985,000 barrels.

stockpiles, which include diesel and , fell 1.73 million barrels in the week against expectations for a draw of 790,000 barrels, the EIA data showed.

were 152,000 barrels. The weekly was 0.7%, according to the EIA report.

inventories rose 4.259 million barrels last week the EIA said, compared with expectations for a 1.81 million-barrel build.

 

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