EIA Data Shows Builds in Crude, Gasoline and Distillates

Crude oil inventories in the United States saw an increase of 4.7 million barrels during the week ending November 6, according to new data from the U.S. Energy Information Administration (EIA) released on Thursday. The increase brings commercial stockpiles to 414.4 million barrels, according to government data, which is now 4% below the five-year average for this time of year. Total commercial petroleum inventories increased by 11.4 million barrels during the reporting period. The EIA’s data release follows API’s figures that were released…