EIA: US crude stockpiles slump, gasoline builds more than expected

07 December 2017, Houston — U.S. crude oil stockpiles fell more than expected last week as refineries hiked output, but gasoline and distillate inventories posted surprisingly large builds, the Energy Information Administration said on Wednesday. Crude inventories fell 5.6 million barrels in the week to Dec. 1, compared with analysts’ expectations for a decrease of …

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