U.S. oil inventories fell by 3.7 million barrels last week: EIA

  • Investing.com
  • Commodities News
U.S. oil inventories fell by 3.7 million barrels last week: EIA
Credit: © Reuters.

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.

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