U.S. Oil Inventories Dropped 3.3 Million Barrels Last Week: EIA

2022.08.24 17:49

By Liz Moyer

Investing.com — U.S. crude oil inventories dropped by more than expected last week, according to the Energy Information Administration.

Crude oil inventories fell 3.282 million barrels against expectations for a draw of 0.933 million barrels.

Distillate stocks dropped by 0.661 million barrels. The expectation had been for a build of 0.58 million barrels.

Gasoline inventories fell by 0.027 million barrels against expectations for a draw of 1.464 million barrels.

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