EIA: US oil inventories rise more than 5 million barrels
Economies.com
2019-04-24 15:05PM UTC
The US Energy Information Administration (EIA) released today its report on US crude inventories, which showed a rise in inventories by 5.5 million barrels to 460.6 million barrels during last week, surpassing analysts' forecasts of a half-million barrels drop.
In contrast, US gasoline inventories fell by 2.1 million barrels to 225.8 million barrels, while distillate stocks fell by 700,000 barrels last week.
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