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Crude Inventory Grows Another 2.8 Million Barrels

NEW YORK (AP) — The nation’s crude oil supplies increased last week, the government said Wednesday.

Crude inventories grew by 2.8 million barrels, or 0.8 percent, to 375.9 million barrels, which is 2.5 percent above year-ago levels, the Energy Department’s Energy Information Administration said in its weekly report.

Analysts expected an increase of 2.5 million barrels for the week ended April 27, according to Platts, the energy information arm of McGraw-Hill Cos.

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