Oil Unchanged On Small Crude Inventory Build

Crude oil remained unchanged today after the Energy Information Administration reported an inventory build of 2.3 million barrels for the week to October 1. At 420.9 million barrels, U.S. crude oil inventories are within the limits of the five-year average for this time of the year, the EIA said. Last week’s inventory move compared with a surprise build of 4.6 million barrels for the previous week that followed a series of draws over the previous eight weeks. In gasoline, the EIA estimated an inventory increase of 3.3 million barrels for…