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Oil trims decline after inventories report
SAN FRANCISCO (MarketWatch)
The Energy Information Administration reported a decline of 3.7 million barrels in crude inventories
That contrasted with expectations of a decline around 1.5 million barrels, according to analysts polled by Platts
The EIA also reported gasoline stocks down 2.4 million barrels, and supplies of distillates increased 700,000 barrels
The analysts surveyed by Platts had expected gasoline supplies to decline 2.3 million, and distillates inventories to be unchanged
The Energy Information Administration reported a decline of 3.7 million barrels in crude inventories
That contrasted with expectations of a decline around 1.5 million barrels, according to analysts polled by Platts
The EIA also reported gasoline stocks down 2.4 million barrels, and supplies of distillates increased 700,000 barrels
The analysts surveyed by Platts had expected gasoline supplies to decline 2.3 million, and distillates inventories to be unchanged
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