The EIA reported a draw of -2,136 MBbls in U.S. crude-oil inventories. The draw was larger than the average estimate of -718 as reported by Bloomberg.
Prices were down in the five minutes following the announcement, to $91.15 from $91.26 just before 09:30 AM.
Inventories for the U.S. are now at a deficit of 12.3 MMBbls (-2.8%) to last year, and a deficit of 35.27 MMBbls (-7.8%) to the five-year average.
