Commodities and Futures News
U.S. Oil Inventories Fell 3.4 Million Barrels Last Week: EIA
2022.05.18 17:41
By Liz Moyer
Investing.com — {{8849|U.S. crcrude oil inventories fell more than expected last week, according to the Energy Information Administration.
Crude oil inventories fell 3.39 million barrels against expectations for a build of 1.38 million barrels.
Distillate stocks rose 1.23 million barrels. The expectation had been for a draw of 800,000 barrels.
Gasoline inventories fell 4.779 million barrels against expectations for a draw of 1.33 million barrels.
