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 4.089 million barrels last week, compared with analysts' expectations for a draw of 2.928 million barrels.
Distillate stockpiles, which include diesel and heating oil, fell by 3.088 million barrels in the week against expectations for a draw of 435,000 barrels, the EIA data showed.
Gasoline inventories fell by 2.253 million barrels last week the EIA said, compared with expectations for a draw of 916,000 barrels.