U.S. Oil Inventories Surprise Up 19 Million Barrels Over The Week
Jan 11 (Reuters) – U.S. crude inventories rose 19 million barrels in the week ended January 6 to 439.6 million barrels, the Energy Information Administration (EIA) said on Wednesday.
Gasoline inventories increased by 4.1 million barrels to 226.78 million barrels, distillate inventories decreased by 1.1 million barrels to 117.72 million barrels.
Analysts had expected oil inventories to fall by 2.2 million barrels, while gasoline stocks would rise by 1.2 million barrels and distillates would fall by 0.5 million barrels. (Reuters office in Gdansk)
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