U.S. commercial crude stocks fall below 423 mln barrels

U.S. commercial crude oil inventories fell by 961,000 barrels to 422.824 million barrels last week, according to data from the Energy Information Administration (EIA).

Analysts had expected an increase of about 2.2 million barrels, APA-Economics reported. The EIA data often influence global oil prices, which react sensitively to shifts in U.S. inventory levels.