Thu, 01 Mar 2012 09:54:29 GMT
Crude oil inventories in the US rose by 4.2 million barrels last week
US crude oil inventories increased by 4.2 million barrels, approaching 344.9 million barrels last week, reported the EIA. The crude oil inventories hit an upper limit of an average level for this year period. At the same time, gasoline inventories fell by 1.6% but also remained at the upper boundary of the average level. Distillate fuel stockpiles moved down by