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U.S. Oil Inventories Rose by 1.1 Million Barrels: EIA

By Liz Moyer

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

Crude oil inventories rose 1.142 million barrels against expectations for a rise of 2.161 million barrels.

Distillate stocks rose by 1.231 million barrels. The expectation had been for a build of 0.420 million barrels.

Gasoline inventories rose by 1.569 million barrels against expectations for a draw of 0.431 million barrels.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.5% 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.