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U.S. Crude Inventories Rose 2.4 Million Barrels Last Week: EIA

By Liz Moyer

Investing.com -- U.S. crude oil inventories rose by more than expected last week, according to the Energy Information Administration.

Crude oil inventories rose 2.442 million barrels against expectations for a rise of 0.833 million barrels.

Distillate stocks rose 4.219 million barrels. The expectation had been for a build of 0.600 million barrels.

Gasoline inventories fell by 1.767 million barrels against expectations for a draw of 0.858 million barrels.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.