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.

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