U.S. crude stocks fell while gasoline and distillate inventories rose in the week ending September 13, the Energy Information Administration (EIA) said on Wednesday.
Crude inventories fell by 1.6 million barrels to 417.5 million barrels in the week, the EIA said, compared with analysts’ expectations in a Reuters poll for a 500,000-barrel draw.
Crude stocks at the Cushing, Oklahoma, delivery hub fell by 2 million barrels, the EIA said.
Refinery crude runs fell by 282,000 barrels per day, the EIA said.
Refinery utilization rates fell by 0.7 percentage points in the week.
U.S. gasoline stocks rose by 0.1 million barrels in the week to 221.6 million barrels, the EIA said, compared with analysts’ expectations in a Reuters poll for a 0.2 million-barrel build.
Distillate stockpiles, which include diesel and heating oil, rose by 0.1 million barrels in the week to 125.1 million barrels, versus expectations for a 0.6 million-barrel rise, the EIA data showed.
Net U.S. crude imports fell by 1.83 million barrels per day, EIA said.
(Reporting by Liz Hampton in Denver)