The Energy Information Administration released its report on US crude stocks, showing a deficit of 5.1 million barrels in the week ending December 8, adding to a 5.6M drop in the previous reading, while analysts expected a 3.6M decline, with total stocks now reaching 443 million barrels, remaining within the upward range on average in this time of year.
Otherwise, gasoline stocks rose 5.7 million barrels, while distillate stocks, including heating fuel, fell 1.4 million barrels, remaining within the lower range on average in this time of year.