Crude inventories fell 7.897 million barrels: EIA by Investing.com


© Reuters.

Investing.com – US oil stocks fell more than expected last week, the Energy Information Administration said on Wednesday.

fell 7.897 million barrels last week, compared to analysts’ expectations for 4.359 million barrels.

inventories, which include diesel and diesel, rose 3.657 million barrels during the week, against an expected production of 877,000 barrels, according to EIA data.

rose 1.039 million barrels last week, according to the EIA, compared to expectations of a 1.786 million barrels drawdown.

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