US Crude Inventories Rise in Week

Crude oil inventories in the United States increased last week by 800,000 barrels, according to data by the US Energy Information Administration (EIA) on Wednesday.

By the end of 13 November, American crude stockpiles stood at 489.5 million barrels.

Meanwhile, gasoline inventories increased by 2.6 million barrels last week, while distillate inventories decreased by 5.2 million barrels.