U.S. crude stocks fell while gasoline and distillate inventories rose in the week ending June 13, the Energy Information Administration said Wednesday.
Crude inventories fell by 11.5 million barrels to 420.9 million barrels last week, the EIA said, compared with analysts' expectations in a Reuters poll for a 1.8 million-barrel draw.
Crude stocks at the Cushing, Oklahoma, delivery hub fell by 995,000 barrels in the week ended June13, the EIA said.
Refinery crude runs fell by 364,000 barrels per day, the EIA said.
Refinery utilization rates fell by 1.1 percentage points in the week
U.S. gasoline stocks rose by 209,000 barrels in the week to 230 million barrels, the EIA said, compared with analysts' expectations in a Reuters poll for a 627,000 barrel build.
Distillate stockpiles, which include diesel and heating oil, rose by 514,000 barrels in the week to 109.4 million barrels, versus expectations for a 440,000 barrel rise, the EIA data showed.
Net U.S. crude imports fell by 1.75 million barrels per day, EIA said.