Analysts were forecasting a one million barrel rise in trading crude inventories for the past week. Commercial crude oil reserves in the United States jumped by 9.9 million barrels, much more than expected, according to figures released Thursday by the US Energy Information Agency (EIA). Read alsoOPEC and Russia maintain tension on oil prices Analysts had forecast a one million barrel rise in commercial crude inventories for the week ended Oct. 7. Inventories of distillates, notably diesel, on
Commercial crude oil reserves in the United States jumped by 9.9 million barrels, much more than expected, according to figures released Thursday by the US Energy Information Agency (EIA).
Read alsoOPEC and Russia maintain tension on oil prices
Analysts had forecast a one million barrel rise in commercial crude inventories for the week ended Oct. 7.
Inventories of distillates, notably diesel, on the other hand, fell by 4.9 million barrels.