NEW YORK, June 30 (Reuters) – U.S. crude oil futures pared
gains on Wednesday after a government report showed crude oil
stocks fell last week more than analysts had forecast, but less
than industry data had shown in a report on Tuesday.
The U.S. Energy Information Administration said crude
stocks fell 2.01 million barrels last week, more than the
900,000-barrel slip forecast but less than the drop of 3.4
million barrels reported on Tuesday by the American Petroleum
Institute.
The EIA said gasoline stocks rose 537,000 barrels, against
a forecast that stocks would drop a similar amount. Distillate
stocks rose more than forecast, according to the EIA.
gains on Wednesday after a government report showed crude oil
stocks fell last week more than analysts had forecast, but less
than industry data had shown in a report on Tuesday.
The U.S. Energy Information Administration said crude
stocks fell 2.01 million barrels last week, more than the
900,000-barrel slip forecast but less than the drop of 3.4
million barrels reported on Tuesday by the American Petroleum
Institute.
The EIA said gasoline stocks rose 537,000 barrels, against
a forecast that stocks would drop a similar amount. Distillate
stocks rose more than forecast, according to the EIA.
(Reporting by Robert Gibbons)