U.S. Gasoline Inventories -5.188M vs. -0.729M forecast

U.S. gasoline inventories fell more-than-expected in the last quarter, official data showed on Wednesday.

In a report, US Energy Information Administration said that U.S. Gasoline Inventories fell to a seasonally adjusted annual rate of -5.188M, from -1.574M in the preceding quarter.

Analysts had expected U.S. Gasoline Inventories to fall -0.729M in the last quarter.