US crude, fuel inventories fall as refining, demand pick up, EIA says

U.S. crude oil, gasoline and distillate inventories fell last week as both refining activity and fuel demand rose, the Energy Information Administration (EIA) said on Wednesday. Crude inventories droppedby 2.5 million barrels to 457 million barrels in the week ending May 10, the EIA said, compared with analysts’ expectations in a Reuters poll for a ...