Crude oil inventories fell by 2.8 million barrels
The US crude oil inventories decreased by 2.8 million barrels in the week ending May 22.
This decline follows a 9.1 million barrel drop in the prior week.
US crude inventories have risen by 22 million barrels so far this year.
The US Strategic Petroleum Reserve now holds 365.1 million barrels after 9.1 million barrels were withdrawn.