By Yasin Ebrahim
Investing.com - U.S. crude stockpiles crude inventories rose by 7.5 million barrels last week, according to an estimate released Tuesday by the American Petroleum Institute.
Analysts expect that the Energy Information Administration will report a draw of 2.1 million barrels when it issues numbers tomorrow morning. The EIA numbers are due at 10:30 AM ET (14:30 GMT).
Crude Oil WTI Futures were up 1.71% following the release, after settling up $1.15, or 2.82%, at $41.96 per barrel.