Oil down 3% after EIA reports jump in crude supply

Oil futures fell further Wednesday after the U.S. Energy Information Administration reported a jump in last week’s crude supplies that was more than four times higher than expected. Crude supplies rose 6.7 million barrels for the week ended April 26. Analysts polled by Platts expected a 1.4 million…

Go here to read the rest:
Oil down 3% after EIA reports jump in crude supply