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U.S. crude stocks up 1.566 mn barrels vs. forecast fall of 453,000

Published 05/04/2017, 15:58
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Investing.com - U.S. crude stocks unexpectedly rose in the latest week, official data showed Wednesday.
The EIA said crude inventories rose by 1.566 mn barrels after a rise of 867,000 barrels the previous week.
Crude inventories were forecast to fall by 453,000 barrels.
Gasoline stocks fell by 618,000 barrels after a fall of 3.747 mn barrels the previous week.
Gasoline inventories were expected to fall by 1.422 mn barrels.
WTI was up 0.47% at $51.27 after data release.
WTI hit a high of $51.88 prior to the release.

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