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U.S. crude stocks down 5.247 mn barrels vs. forecast fall of 1.786 mn

Published 2017-05-10, 10:54 a/m

Investing.com - U.S. crude stocks fell more than expected in the latest week, official data showed Wednesday.
The EIA said crude inventories fell by 5.247 mn barrels after a fall of 930,000 barrels the previous week.
Crude inventories were forecast to fall by 1.786 mn barrels.
Gasoline stocks fell by 150,000 barrels after a rise of 191,000 barrels the previous week.
Gasoline inventories were expected to fall by 538,000 barrels.
U.S. crude was up 2.20% at $46.89 after data release.

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