© Reuters. Investing.com — Crude stockpiles rose an unexpected amount last week, confounding expectations for a draw-down, according to government data.
rose 4.3 million barrels, according to the Energy Information Administration. The expectation was for a draw of 913,000 barrels. The data contradict the industry’s own calculation of a draw more than 5 million barrels last week.
Oil stored at , Oklahoma, declined 518,000 barrels last week, against expectations for a draw of 1.6 million barrels.
Â
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
