The Energy Information Administration said Thursday that U.S. crude investments declined 7.3 million barrels for the week ending Feb. 12. The data, which was postponed by this week’s day due to the Heads Day holiday. position, compared to the average fall of 3.4 million barrels forecast by analysts surveyed by S&P Global Platts. The American Petroleum Institute on Wednesday announced a 5.8 million-barrel reduction, according to sources. EIA data also showed that crude stock at the Cushing, Okla. Storage facility fell 3 million barrels for the week. At the same time, gasoline supply rose 700,000 barrels, while distillate stockpiles were down 3.4 million barrels for the week. The S&P Global Platts study had forecast a supply increase of 2.2 million barrels for gasoline and a decline of 2.2 million barrels for distilling investments. March West Texas Raw Intermediate CLH21,
pared loss, trading down 5 cents, or nearly 0.1%, at $ 61.09 a barrel on the New York Mercantile Exchange. Prices were at $ 60.63 before supply data.