A report released by the Energy Information Administration on Wednesday showed crude oil inventories in the U.S. pulled back by more than expected in the week ended November 14th.
The EIA said crude oil inventories slid by 3.4 million barrels last week after surging by 6.4 million barrels in the previous week. Economists had expected crude oil inventories to decrease by 1.9 million barrels.
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Business News
April 10, 2026 16:21 ET Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.