Oil prices are falling today as U.S. crude oil inventories rose more than expected. According to the latest EIA data, crude oil stocks increased by 1.328 million barrels versus the forecasted decline of 1.1 million barrels. Additionally, gasoline inventories rose by 0.816 million barrels, well above the anticipated drop of 2 million barrels, while distillate inventories also increased by 0.579 million barrels against a forecasted decrease of 1.4 million barrels.
Source: xStation
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