U.S. crude stocks and gasoline inventories rose while distillate stockpiles fell in the week ending November 15, the Energy Information Administration said on Wednesday.
Crude inventories rose by 545,000 barrels to 430.3 million barrels last week, the EIA said, compared with analysts’ expectations in a Reuters poll for a 138,000-barrel rise.
Crude stocks at the Cushing, Oklahoma, delivery hub fell by 140,000 barrels in the week, the EIA said.
Refinery crude runs fell by 281,000 barrels per day, the EIA said, while refinery utilization rates fell by 1.2 percentage points in the week.
U.S. gasoline stocks rose by 2.1 million barrels in the week to 208.9 million barrels, the EIA said, compared with analysts’ expectations in a Reuters poll for a 0.9 million-barrel build.
Distillate stockpiles, which include diesel and heating oil, fell by 0.1 million barrels in the week to 114.3 million barrels, versus expectations for a relatively small change, the EIA data showed.
Net U.S. crude imports rose last week by 237,000 barrels per day, EIA said.
(Reporting by Nicole Jao in New York)