Mubasher: US crude oil inventories grew more than expected last week, in a negative sign regarding the decline in crude supply in global markets.
US oil stocks increased by 14.42 million barrels in the week that ended 29 October, compared to a 553,000 barrel decrease in the week before, according to the American Energy Information Administration (EIA).
Gasoline inventories fell by 2.21 million barrels, after decreasing by 1.96 million barrels last week.
