BREAKING: US Crude Inventories unexpectedly fall

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Crude inventories in the US dropped by 0.88 million barrels in the week ended March 26th, following an 1.912 million increase in the previous week and compared with analysts’ estimates of a 0.107 million increase, according to the EIA Petroleum Status Report.

Cushing Crude Oil inventories rose 0.782 million barrels, following a 1.935 million barrels decrease from last week.

Gasoline inventories fell by 1.735 about million barrels, following a 0.203 million barrels increase in the prior period and below analysts’ expectations of 0.73 million barrels advance.

US distillate inventories fell by 2.542 million barrels after increasing 3. 806 million barrels in the previous week.

The publication of today's report did not have a significant impact on the oil prices. WTI Oil (OIL.WTI) continues to trade around the $60,50 level. Source: xStation5

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