Commodities News

U.S. Oil Inventories Unexpectedly Rose 2M Barrels Last Week: EIA

By Liz Moyer

Investing.com — U.S. crude oil inventories unexpectedly rose last week, according to the Energy Information Administration.

Crude oil inventories rose by 2.025 million barrels against expectations for a draw of 1.917 million barrels.

Distillate stocks rose 2.592 million barrels. The expectation had been for a build of 1.06 million barrels.

Gasoline inventories fell 0.812 million barrels against expectations for a build of 1.075 million barrels.

Source:investing.com

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