U.S. Oil Stockpiles Dropped by 2.5M Barrels Last Week: EIA By Investing.com

© Reuters.

By Sam Boughedda

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

declined by 2.508 million barrels last week, compared with analyst expectations for a build of 0.114 million barrels.

stockpiles, which include diesel and , fell by 2.071 million barrels in the week against expectations for a draw of 1.386 million barrels, the EIA data showed.

inventories fell 2.947 million barrels last week, the EIA said, compared with expectations for a draw of 1.986 million barrels.

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by : Investing.com

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