U.S. Oil Inventories Unexpectedly Rise by 3.2 Million Barrels: EIA

2022.07.13 17:51

Investing.com — U.S. crude oil inventories unexpectedly rose in the latest week, according to the Energy Information Administration.

Crude oil inventories rose 3.254 million barrels against expectations for a draw of 0.154 million barrels and after the massive 8 million-barrel build the prior week. 

Distillate stocks showed a build of 2.668 million barrels. The expectation had been for a build of 1.591 million barrels.

Gasoline inventories increased by 5.825 million barrels against expectations for a draw of 0.357 million barrels.

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