US Crude and Gasoline Inventories Fell Last Week, Distillate Stocks Rose, EIA Says

OIL AND GAS - NEW YORK. U.S. crude and gasoline stocks fell by more than expected last week as refineries ramped up activity, while distillate stocks rose, the Energy Information Administration (EIA) said on Wednesday.

Global Brent and U.S. West Texas Intermediate (WTI) futures rose following the report. Brent futures were trading at $85.11 a barrel, up 45 cents, at 1513 GMT. WTI futures were trading at $82.06 a barrel, up 65 cents.