Data from the American Petroleum Institute showed that crude oil inventories in the United States rose in the past week with the decline in refinery production and higher imports, while gasoline and distillate stocks fell.
Crude stocks rose by 7.1 million barrels in the week which ended on 16 October, to 473 million barrels, compared with analysts' expectations of an increase of 3.9 million barrels.
The institute said that crude inventories in US crude delivery depot in Cushing, Oklahoma increased 22 thousand barrels.
And distillate stocks fell 2.6 million barrels, compared with expectations of a decline by 1.3 million Brmel.anthy 29/4 e
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