U.S. crude inventories surge 8.9 mln barrels, products down -EIA

U.S. crude inventories surged last week as refineries cut output, while gasoline and distillate stocks fell, data from the Energy Information Administration showed on Thursday. Crude inventories rose by 8.9 million barrels in the last week, compared with analysts’ expectations for an increase of …

Read the original here:
U.S. crude inventories surge 8.9 mln barrels, products down -EIA