US crude inventories fall more than expected

The Energy Information Administration released its report on US crude stocks, showing a deficit of 2.8 million barrels in the week ending October 6, adding to the previous reading's 6.0M drop, while analysts expected a 1.9M drawdown, with total stocks now falling to 462.2 million barrels, still remaining within the upward range on average in this time of year. 

Otherwise, gasoline stocks in the world's largest energy consumer rose 2.5 million barrels, remaining within the upward range on average in this time of year, while distillate stocks, including heating fuel, fell 1.5 million barrels, remaining within the downward range on average in this time of year.