NEW YORK, April 20 (UPI) -- Crude oil prices soared above $111 per barrel in New York Wednesday after the U.S. Energy Information Administration said the nation's stockpile fell last week.
The government's energy data office said inventories dropped by 2.3 million barrels in the week ending April 15. At 357 million barrels, supplies remain in the upper limit of the average range for this time of year, the EIA said.