U.S. crude stockpiles surge to 17-month high; steep gasoline drawdown – EIA

New York — U.S. crude oil stocks rose more than expected last week to the highest in nearly 17 months as imports climbed, while gasoline inventories posted their steepest drawdown since September 2017, the Energy Information Administration said on Wednesday. Crude inventories rose 7 million barrels to 456.6 million barrels in the last week, their […] More »