Oil Prices Drop As Gasoline Inventories Build

Crude oil inched down today after the Energy Information Administration reported an inventory draw of 900,000 barrels for the week to November 26. Fuel inventories, however, added a substantial amount. At 433.1 million barrels, the authority said, crude oil inventories in the United States remain below the five-year seasonal average. Last week’s inventory move compares with a modest build of 1 million barrels for the previous week and a 2.1-million-barrel draw for the week before that. In gasoline, the EIA estimated an inventory increase…