The Energy Information Administration reported today that the US crude inventories rose 600K barrels to 493 million barrels during the past week, while analysts forecasts a drop by 4 million barrels.
Gasoline stocks rose 100K barrels to 235 million barrels, and the distillate stocks rose 1.1 million barrels to 142.4 million barrels.
While the American Petroleum Institute reported yesterday in preliminary data that the US crude inventories rose 436K barrels during the same period.