Shares of energy companies rose in tandem with oil futures after an inventory report showed less of a buildup than feared.
U.S. crude supplies rose by 1.4 million barrels for the week ended Nov. 15, the fourth straight increase, according to the Energy Information Administration. Still, the latest buildup was slightly smaller than the 1.6 million-barrel rise expected by analysts polled by S&P Global Platts and significantly less than the estimated weekly build from the American Petroleum Institute.
Write to Rob Curran at [email protected]
(END) Dow Jones Newswires
November 20, 2019 16:29 ET (21:29 GMT)
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