Oil Stockpile Jumped 4.6 Million Barrels Last Week: EIA

Commodities18 minutes ago (Sep 29, 2021 10:33AM ET)

(C) Reuters.

Investing.com — U.S. oil stockpiles unexpectedly increased in the latest week, the Energy Information Administration said on Wednesday.

Crude oil inventories rose 4.578 million barrels last week, compared with analysts’ expectations for a draw of 1.652 million barrels.

Distillate stockpiles, which include diesel and heating oil, rose by 385,000 barrels in the week against expectations for a draw of 1.648 million barrels, the EIA data showed.

Gasoline inventories rose by 193,000 barrels last week the EIA said, compared with expectations for a build of 1.4 million barrels.

Oil Stockpile Jumped 4.6 Million Barrels Last Week: EIA

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