U.S. crude stocks and distillate inventories fell while gasoline stocks rose in the week ending August 30, the Energy Information Administration (EIA) said on Thursday.
Crude inventories fell by 6.9 million barrels to 418.3 million barrels in the week, the EIA said, compared with analysts’ expectations in a Reuters poll for a 993,000-barrel draw.
Crude stocks at the Cushing, Oklahoma, delivery hub fell by 1.1 million barrels in the week ended August 30, the EIA said.
Refinery crude runs rose by 36,000 barrels per day in the week, the EIA said.
Refinery utilization rates were unchanged in the week.
U.S. gasoline stocks rose by 0.8 million barrels in the week to 219.2 million barrels, the EIA said, compared with analysts’ expectations in a Reuters poll for a 0.7 million-barrel draw.
Distillate stockpiles, which include diesel and heating oil, fell by 0.4 million barrels in the week to 122.7 million barrels, versus expectations for a 0.5 million-barrel rise, the EIA data showed.
Net U.S. crude imports fell last week by 853,000 barrels per day, EIA said.
(Reporting by Georgina McCartney in Houston)