U.S. Crude Oil Stockpiles Decline Unexpectedly
Inventories fall by 3.2 million barrels, defying analyst expectations of an increase.
Business & Markets • 3 hours ago
Commercial crude oil inventories in the United States decreased by 3.2 million barrels for the week ending October 2. The total crude stockpiles now stand at 424.1 million barrels.
This decline contrasts with predictions from market analysts surveyed by The Wall Street Journal, who had anticipated a rise of 1.7 million barrels in crude inventories for the same period.