Investing.com — U.S. oil stockpiles declined more than expected in the latest week, the Energy Information Administration said on Wednesday.
dropped 6.718 million barrels last week, compared with analysts’ expectations for a draw of 4.686 million barrels.
stockpiles, which include diesel and , fell 869,000 barrels in the week against expectations for a build of 486,000 barrels, the EIA data showed.
were 187,000 barrels. The weekly rose 0.7%, according to the EIA report.
inventories rose 1.522 million barrels last week the EIA said, compared with expectations for a draw of 886,000 barrels.
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