Investing.com – stockpiles rose last week, while gasoline stocks fell, according to an estimate from the American Petroleum Institute released Tuesday.
Analysts expect that the Energy Information Administration will report a build of 1.4 million barrels when it releases its petroleum data on Wednesday. The are due at 10:30 AM ET (14:30 GMT).
- The API said rose by 4.1 million, with gasoline supplies down by 5.9 million barrels for the week ended Oct. 4.
- settled down 0.2% at $52.63 and were off 0.4% in late trading.
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