RTRS: U.S. crude turns negative, choppy after EIA data
NEW YORK, Sept 22 (Reuters) - U.S. crude oil futures prices turned negative on Wednesday in choppy trading after a government report showed crude stockpiles rose last week as imports also rose, despite a shut Canada-to-U.S. crude oil pipeline.
The U.S. Energy Information Administration's report said U.S. crude stocks rose 970,000 barrels in the week to Sept. 17, against a forecast for stocks to be down 1.9 million barrels.
The EIA also said gasoline stocks rose unexpectedly and that distillate stocks also were higher, up slightly more than forecast.
Ahead of the report crude prices were up about 35 cents, having risen more than $1 to $76 a barrel earlier on lift from the weaker dollar.
On the New York Mercantile Exchange, November crude CLX0 fell 4 cents, or 0.05 percent, to $74.93 barrel at 10:43 a.m. EDT (1443 GMT), trading from $74.65 to $76. (Reporting by Robert Gibbons)
