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    09.03.2016 15:48 U.S. crude inventories rise by 3.88 million barrels to 521.9 million in the week to March 04

    The U.S. Energy Information Administration (EIA) released its crude oil inventories data on Wednesday. U.S. crude inventories rose by 3.88 million barrels to 521.9 million in the week to March 04.

     

    Analysts had expected U.S. crude oil inventories to rise by 3.5 million barrels.

     

    Gasoline inventories decreased by 4.5 million barrels, according to the EIA.

     

    Crude stocks at the Cushing, Oklahoma, climbed by 690,000 barrels.

     

    U.S. crude oil imports decreased by 244,000 barrels per day.

     

    Refineries in the U.S. were running at 89.1% of capacity, up from 88.3% the previous week.


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