US Crude Stockpiles Up 5th Week in Six as High Prices Keep Refiners Away, Energy Agency Reveals

WASHINGTON (Sputnik) - US crude stockpiles rose again last week, resuming their uptrend for the fifth time in six weeks, the Energy Information Administration (EIA) reported as raw oil prices standing at seven-year highs slowed purchases by refiners who buy the material to make fuel products such as gasoline and diesel.