![The EIA reported a larger-than-expected decline in US crude stockpiles, which led to a gain in crude oil](https://market-tracker.in/wp-content/uploads/2024/02/pngtree-3d-rendered-concept-oil-pump-refinery-with-crude-oil-barrel-image_3787694-600x359.jpg)
The EIA reported a larger-than-expected decline in US crude stockpiles, which led to a gain in crude oil
The Energy Information Administration (EIA) announced a greater-than-expected drop in US crude stockpiles, which helped to support crude oil prices, which increased by 0.41% to settle at 6,858. The EIA reported that for the week ending July 5, crude stocks dropped by 3.4 million barrels to 445.1 million, a substantial decrease from the projected draw…