Mubasher: US oil stocks increased in the week that ended on 31 March, contrary to expectations.
According to data by the US Energy Information Administration (EIA), crude inventories went up by 1.6 million barrels last week to a total of 535.5 million barrels.
Gasoline inventories fell by 600,000 barrels, after decreasing the week before by 3.7 million barrels.
