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The Economic Times
The Economic Times
Business

US crude inventories rise as refinery runs ease and imports climb, EIA says

EIA United States Oil Matt Smith Oklahoma

HOUSTON: U.S. crude stocks rose as refineries eased processing slightly and imports edged higher, data from the Energy Information Administration showed on Wednesday.

Crude inventories rose by 2.5 million barrels to 407 million barrels in the week ended July ‌31, the EIA ⁠said, ⁠compared with analysts' expectations in a Reuters poll for a 1.5 million-barrel draw.

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