By Sam Boughedda
Investing.com — Investing.com — U.S. oil stockpiles fell more than expected in the latest week, the Energy Information Administration said on Wednesday.
Crude inventories dropped by 4.553 million barrels last week, compared with analyst expectations for a draw of 1.904 million barrels.
Distillate stockpiles, which include diesel and , increased by 2.537 million barrels in the week against expectations for a build of 1.757 million barrels, the EIA data showed.
Gasoline inventories rose by 7.961 million barrels last week, the EIA said, compared with expectations for a build of 2.408 million 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.