Crude Stockpile Fell 7.99 Million Barrels Last Week: EIA By

© Reuters.

By Liz Moyer — U.S. oil stockpiles fell more than expected in the latest week, the Energy Information Administration said on Wednesday.

fell 7.99 million barrels last week, compared with analysts’ expectations for a draw of 2.346 million barrels.

stockpiles, which include diesel and , fell 2.896 million barrels in the week against expectations for a draw of 1.12 million barrels, the EIA data showed.

were 225,000 barrels. The weekly rose 1.1%, according to the EIA report.

inventories rose 737,000 barrels last week the EIA said, compared with expectations for a draw of 652,000 barrels.


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