U.S. Crude-Oil Inventories Rise by 3.6 Million Barrels in Week to Nov. 10

U.S. oil inventories increased by 3.6 million barrels in the week ended Nov. 10, according to data released by the Energy Information Administration, above estimates of analysts in a survey by the Wall Street Journal.

Commercial crude-oil stockpiles stood at 439.4 million barrels at the end of last week, and were about 2% below the five-year average for this time of year, the EIA said Wednesday. Analysts surveyed by The Wall Street Journal had predicted crude stockpiles would rise by 800,000 barrels.