Oil Stockpiles Fall to 334.5 Million Barrels

- January 4th, 2012

Bloomberg reported that crude oil inventories fell from 4.43 million barrels to 334.5 million last week.

Bloomberg reported that crude oil inventories fell from 4.43 million barrels to 334.5 million last week.

As quoted in the market news:

The government report may show stockpiles of crude oil fell 1 million barrels last week, according to the median of 13 responses in a Bloomberg News survey of analysts. Gasoline inventories probably gained 1 million barrels, the survey showed. Distillates were also expected to grow by 1 million.

Click here to read the full Bloomberg report.

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