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US crude oil inventories rise by 1.1m barrels

From stockmarketwire.com

US commercial crude oil inventories increased by 1.1 million barrels in then week ending 9 November. The US Energy Information Administration says that at 375.9 million barrels, crude oil inventories are well above the upper limit of the average range for this time of year. Total motor gasoline inventories decreased by 0.4 million barrels last week and are in the middle of the average range. Both finished gasoline inventories, and blending components inventories decreased last week. Distillate fuel inventories decreased by 2.5 million barrels last week and are well below the lower limit of the average range for this ... (full story)

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