The Energy Information Administration reported today that the US crude inventories fell 7.4 million barrels to 466.7 million barrels during the past week, while analysts forecasts a drop by 4.2 million barrels.
Gasoline stocks rose 2 million barrels to 243 million barrels, and the distillate stocks fell 1 million barrels to 136.2 million barrels.
While the American Petroleum Institute reported yesterday in preliminary data that the US crude inventories fell 8.5 million barrels during the same period.