Commodities & Futures News
U.S. oil inventories fell by 3.7 million barrels last week: EIA
Investing.com — U.S. crude oil inventories fell by more than expected last week, the Energy Information Administration (EIA) said.
Crude inventories dropped by 3.691 million barrels, against expectations for a draw of 1.055M barrels.
Distillate stockpiles rose by 1.718M barrels last week, compared with expectations for a draw of 0.55M barrels.
Gasoline inventories rose by 3.058M barrels, against expectations for a build of 0.383M barrels.