Investing.com -Oil stockpiles fell a little less than expected, the Energy Information Administration said Wednesday, but the decline eased traders’ concerns about an unexpected build.
Oil inventories rose by 1.085 million barrels for the week ended Dec. 13, the EIA said. Analysts were looking for a drop of about 1.3 million barrels, according to the Investing.com consensus.
Crude Oil WTI Futures were slightly lower following the report.