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

2022.08.31 17:33

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 dropped by 3.326 million barrels against expectations for a draw of 1.483 million barrels.

Distillate stocks rose by 0.111 million barrels. The expectation had been for a draw of 0.96 million barrels.

Gasoline inventories dropped by 1.172 million barrels against expectations for a draw of 1.178 million barrels.

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