US crude stocks and distillate inventories rise, gasoline inventories fall - EIA

U.S. crude stocks and distillate inventories rose while gasoline inventories fell in the week ending July 25, the Energy Information Administration said on Wednesday.

Crude inventories rose by 7.7 million barrels to 426.7 million barrels last week, the EIA said, compared with analysts' expectations in a Reuters poll for a 1.3 million-barrel draw.

Crude stocks at the Cushing, Oklahoma, delivery hub USOICC=ECI rose by 690,000 barrels, the EIA said.

Refinery crude runs USOICR=ECI fell by 25,000 barrels per day, while utilization rates USOIRU=ECI fell by 0.1 percentage points in the week to 95.4%.

U.S. gasoline stocks USOILG=ECI fell by 2.7 million barrels in the week to 228.4 million barrels, the EIA said, compared with analysts' expectations in a Reuters poll for a 0.6 million-barrel draw.​

Distillate stockpiles USOILD=ECI, which include diesel and heating oil, rose by 3.6 million barrels in the week to 113.5 million barrels, versus expectations for a 0.3 million-barrel rise, the EIA data showed.

Net U.S. crude imports USOICI=ECI rose by 1.32 million barrels per day, EIA said.