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Crude supply up fewer than 3mln barrels: EIA

Posted on 07 February 2013

Oil futures pared some of their losses Wednesday after the U.S. Energy Information Administration reported a smaller-than-expected climb in last week’s crude inventories, along with a decline in distillate stockpiles.
Crude supplies rose 2.6 million barrels for the week ended Feb. 1. Analysts polled by Platts expected a three-million barrel climb. Motor gasoline supplies were up 1.7 million barrels, while distillate stocks fell one million barrels, according to the EIA report………………………………………..Full Article: Source


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