US Crude, Gasoline and Distillate Inventories Fall, EIA Says

OIL PRICE - NEW YORK. U.S. crude oil, gasoline and distillate inventories fell last week as refining activity picked up, the Energy Information Administration (EIA) said on Wednesday.

Crude inventories fell by 2.5 million barrels to 457 million barrels in the week ending May 10, the EIA said, compared with analysts' expectations in a Reuters poll for a 543,000-barrel draw.