Breaking: Oil Inventories Rose by 1.9M Barrels Last Week: EIA By Investing.com

© Reuters.

By Kim Khan 

Investing.com – Stockpiles of U.S. crude rose less than expected last week, the Energy Information Administration reported Wednesday.

rose by 1.9 million barrels for the week ended March 13, the EIA said. That compared with expectations for a build of about 3.3 million barrels, according to forecasts compiled by Investing.com.

plunged by 6.2 million barrels, versus forecasts for a decline of about 2.9 million barrels. fell by 2.9 million barrels, compared with expectations for a drawdown of 2 million barrels.

were remained down about 11% after the numbers

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