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US distillates at 3-year high

from The Wall Street Journal

U.S. crude stockpiles fell more than expected in the week ended July 10, according to data released July 15 by the U.S. Energy Information Administration. Crude-oil stockpiles fell 4.3 million barrels to 461.4 million barrels, the EIA said, the lowest level since March 13. Distillate stocks, which include heating oil and diesel fuel, rose 3.8 million barrels to 141.3 million barrels, the EIA said. It was the highest level for distillate stocks since Feb. 17, 2012. more

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