U.S. crude stocks, gasoline and distillate inventories rose in the week ending September 6, the Energy Information Administration (EIA) said on Wednesday.
Crude inventories rose by 833,000 barrels to 419.1 million barrels in the week, the EIA said, compared with analysts’ expectations in a Reuters poll for a 987,000-barrel rise.
Crude stocks at the Cushing, Oklahoma, delivery hub fell by 1.7 million barrels in the week.
Refinery crude runs fell by 141,000 barrels per day.
Refinery utilization rates fell by 0.5 percentage points in the week.
U.S. gasoline stocks rose by 2.3 million barrels in the week to 221.6 million barrels, the EIA said, compared with analysts’ expectations in a Reuters poll for a 0.1 million-barrel draw.
Distillate stockpiles, which include diesel and heating oil, rose by 2.3 million barrels in the week to 125 million barrels, versus expectations for a 0.3 million-barrel rise, the EIA data showed.
Net U.S. crude imports rose by 1.53 million barrels per day.
Source: Reuters (Reporting by Georgina McCartney in Houston)