After reporting an unexpected decrease by U.S. crude oil inventories in the previous week, the Energy Information Administration released a report on Wednesday showing another notable decline by crude oil inventories in the week ended May 30th.
The EIA said crude oil inventories slid by 4.3 million barrels last week after falling by 2.8 million barrels in the previous week. Economists had expected crude oil inventories to edge down by 0.9 million barrels.
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