The Energy Information Administration reported Wednesday that U.S. crude deposits fell 6.6 million barrels for the week ended Feb. 5. The data compared the average decline of 2.7 million barrels forecast by consumers. analysis analyzed by S&P Global Platts. The American Petroleum Institute on Tuesday announced a 3.5 million-barrel reduction, according to sources. EIA data also showed crude stocks at the Cushing, Okla. Storage facility, cut by 700,000 barrels for the week. At the same time, gasoline supply climbed 4.3 million barrels, while stockpiles distillate down 1.7 million barrels for the week. The S&P Global Platts study had forecast a supply increase of 2.7 million barrels for gasoline and a decline of 1.7 million barrels for distilling investments. March West Texas Raw Intermediate CLH21,
it moved up, trading 11 cents, or 0.2%, higher at $ 58.47 a barrel on the New York Mercantile Exchange. Prices were at $ 58.18 before the supply data.