Investing.com -- U.S. oil stockpiles fell by more than expected in the latest week, the Energy Information Administration said on Wednesday.
Crude inventories dropped by 3.234 million barrels last week, compared with analysts' expectations for a draw of 1.055 million barrels.
Distillate stockpiles, which include diesel and heating oil, declined 2.697 million barrels in the week against expectations for a build of 276,000 barrels, the EIA data showed.
Gasoline inventories rose 696,000 barrels last week the EIA said, compared with expectations for a draw of 1.671 million barrels.