Gasoline inventories fell 3.67 million barrels which exceeded analyst expectations. Distillates also fell and were 2.91 million lower than the previous week. The U.S. Department of Energy also indicated that crude oil supplies increased by 3.86 million barrels.
To read a related Bloomberg article, please click here:
http://www.bloomberg.com/news/2012-04-18/oil-pares-loss-on-rise-in-gasoline-heating-oil-supply.html
James Sutliff