(CercleFinance.com) – US inventories of crude oil fell last week, according to figures released Wednesday by the US Energy Information Agency (EIA).
Crude inventories fell 4.7 million barrels to 423.6 million in the week ended December 17.
Gasoline stocks increased by 5.5 million barrels while reserves of distilled products, which include among others domestic fuel oil, increased by around 400,000 barrels.
The capacity utilization rate of refineries fell by 0.2 point to 89.6%.
At the end of the morning, on NYMEX in New York, US light crude gained 0.7% to $ 71.7 per barrel.
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