Investing.com — U.S. oil stockpiles dropped by more than expected in the latest week, the Energy Information Administration said on Wednesday.
dropped by 6.422 million barrels last week, compared with analysts’ expectations for a draw of 3.544 million barrels.
stockpiles, which include diesel and , fell by 1.688 million barrels in the week against expectations for a draw of 1.612 million barrels, the EIA data showed.
inventories declined by 1.848 million barrels last week the EIA said, compared with expectations for a draw of 1.957 million barrels.
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