By Kim Khan
Stockpiles of U.S. crude rose sharply again, the Energy Information Administration reported Wednesday, as oil prices continued to see huge swings.
Oil inventories climbed by 15 million barrels for the week ended April 17, the EIA said. That compared with expectations for a build of about 15.2 million barrels, according to forecasts compiled by .
Gasoline inventories rose by about 1 million barrels, versus forecasts for a rise of about 3.6 million barrels. Distillate stockpiles showed a build of 7.9 million barrels, compared with expectations for a build of about 2.75 million barrels.
WTI futures spiked about 25%, about where they were before the report came out.
