Jul. 23 at 8:42 PM
$FANG $DVN
New York, July 23 (QNA) - The US Energy Information Administration announced Wednesday that crude oil inventories fell by 3.2 million barrels to 419 million barrels last week, compared to expectations of a 1.6-million-barrel decline.
The administration added in a statement Wednesday that crude oil inventories at the Cushing, Oklahoma, delivery hub rose by 455,000 barrels during the week, noting that refinery crude oil runs rose by 87,000 barrels per day, while refinery utilization rates increased by 1.6 percentage points.