Crude Inventory 4.87M Barrels vs 3.6M Expected

(Updated - February 11, 2015 10:33 AM EST)

Crude inventory for the week ending Feb. 6 grew 4.87 million barrels vs a gain of 3.6 million expected. API data yesterday showed a gain of 1.6 million barrels.

Cushing inventory grew 1.2 million barrels.

Gasoline inventory increased 1.98 million barrels vs a gain of 100 thousand expected.

Distillate inventory declined 3.25 million barrels vs a decline of 988 thousand expected.

Related ETFs: iPath Dow Jones-Goldman Sachs Crude Oil Fund (NYSE: OIL), United States Oil Fund (NYSE: USO), Energy Select Sector SPDR ETF (NYSE: XLE).

You May Also Be Interested In

• Oil prices slide about 2% as US, Iran explore path out of war
• Crude Inventory Rose 2.97 Million Barrels Last Week - EIA
• Araghchi gave Witkoff and Kushner Iran's conditions for reopening the Strait of Hormuz and resuming nuclear talks - Axios