US commercial crude oil stocks rose by 4.7 million barrels to 414.4 million barrels in the week ending November 6, the US Energy Information Administration said. The count excludes the Strategic Petroleum Reserve and stood 4% below the five-year average.
The agency reported that gasoline stocks rose by 1.8 million barrels, while distillate stocks increased by 4.1 million barrels. These are weekly changes in inventories.
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