The EIA reported a draw of -2,169 MBbls in U.S. crude-oil inventories. The draw was larger than the average estimate of -600 as reported by Bloomberg.
Prices were down in the five minutes following the announcement, to $92.71 from $92.72 just before 09:30 AM.
Inventories for the U.S. are now at a deficit of 14.30 MMBbls (-3.3%) to last year, and a deficit of 15.50 MMBbls (-3.6%) to the five-year average.
