U.S. Crude Inventories Post Large Weekly Drop
U.S. crude inventories fell last week as production and imports declined while refinery capacity use increased, according to EIA data.
Story updates
04:53:54 PM UTC
SquawkNews
US crude stocks and distillate inventories fell while gasoline inventories rose last week, the Energy Information Administration said on Thursday.Crude inventories fell by 8.6 million barrels to 415.6 million barrels in the week ended October 9, the EIA said, compared with analysts' expectations in…