Commodities and Futures News
U.S. Oil Stockpiles Rose 1.3 Million Barrels Last Week: EIA
2022.05.04 17:47
Investing.com — U.S. oil stockpiles unexpectedly rose in the latest week, the Energy Information Administration said on Wednesday.
Crude inventories rose by 1.302 million barrels last week, compared with analysts’ expectations for a draw of 0.829 million barrels.
Distillate stockpiles, which include diesel and heating oil, fell 2.344 million barrels in the week against expectations for a draw of 1.341 million barrels, the EIA data showed.
Gasoline inventories fell 2.230 million barrels last week, the EIA said, compared with expectations for a draw of 0.589 million barrels.
