U.S. Oil Stockpiles Unexpectedly Fell 431,000 Barrels Last Week : EIA By Investing.com

Wall Street ends up amid record low volatility ahead of eventful week

U.S. Oil Stockpiles Unexpectedly Fell 431,000 Barrels Last Week : EIA

Published Oct 21, 2021 01:34

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U.S. Oil Stockpiles Unexpectedly Fell 431,000 Barrels Last Week : EIA

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

Crude inventories declined by 431,000 barrels last week, compared with analysts' expectations for a build of 1.857 million barrels.

Distillate stockpiles, which include diesel and heating oil, fell by 3.913 million barrels in the week against expectations for a draw of 700,000 barrels, the EIA data showed.

Gasoline inventories declined by 5.368 million barrels last week the EIA said, compared with expectations for a draw of 1.267 million barrels.

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