Surprise Draw in U.S. Crude Stocks (COP) (CVX) (MHP) (TSO) (VLO) (XOM)
The U.S. Energy Department's weekly inventory release showed that crude stockpiles logged an unexpected decline, as refiners scaled up their utilization rates. The report further revealed that within the ‘refined products’ category, gasoline stocks rose, while distillate supplies were down from the week-ago levels. […]