Crude oil inventories declined by 4.7 million barrels in the week ending May 8. Gasoline inventories also declined, the government said.
Prices for crude oil fell 72 cents to $57.97 per barrel. Heating oil prices fell 0.0152 cents to $1.49 per gallon. Reformulated blendstock gasoline rose 0.0208 cents to $1.6875 per gallon. Natural gas prices fell 0.272 cents to $4.219 per million British thermal units.
At the pump, the average price for a gallon of regular unleaded gasoline was $2.267 Wednesday, up from Tuesday's $2.248 a gallon, AAA said.
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