Updates to include details from report, analyst quotes, and updates price reaction

By Liz Hampton and Georgina McCartney

DENVER, May 28 (Reuters) - U.S. crude, gasoline and distillate stockpiles fell last week, the Energy Information Administration said on Thursday, as demand from refiners and consumers rose.

Crude inventories fell by 3.3 million barrels to 441.7 million barrels in the week ended May 22, the EIA said, compared with analysts' expectations in a Reuters poll for a 4.14 million-barrel draw.

Crude stocks at the Cushing, Oklahoma, delivery hub USOICC=ECI fell by 2.79 million barrels in the week, the EIA said. Stockpiles from the U.S. Strategic Petroleum Reserve fell by 9.1 million barrels and touched their lowest level since April 2024.

Oil futures were mixed as the market weighed the weekly inventory data with a report that the U.S. and Iran had reached a deal. Global Brent crude futures LCOc1 were trading at $93.68 a barrel, down 61 cents, at 12:26 p.m. ET (1626 GMT), after oscillating between positive and negative territory earlier in the session. U.S. West Texas Intermediate futures CLc1 were up 25 cents, at $88.93 a barrel.

"A big call on refined products and crude, even with the slight downtick in crude exports this was a bullish report," said John Kilduff, partner at Again Capital.

Net U.S. crude imports USOICI=ECI fell last week by 128,000 barrels per day, EIA said, while exports of U.S. crude fell by 1.16 million bpd to 4.4 million bpd.

Refinery crude runs USOICR=ECI rose by 652,000 barrels per day in the week, the EIA said, while refinery utilization rates USOIRU=ECI rose by 2.9 percentage points to 94.5%.

U.S. gasoline stocks USOILG=ECI fell by 2.6 million barrels in the week to 211.6 million barrels, the EIA said, compared with analysts' expectations in a Reuters poll for a 2.41 million-barrel draw.​

Total product supplied, a proxy for demand, rose by 494,000 bpd to 20.94 million bpd. Consumption of gasoline rose by 489,000 bpd to 9.26 million bpd as the summer driving season kicked off in the United States.

"It was a typically strong gasoline demand week for the holiday," said Kilduff.

Distillate stockpiles USOILD=ECI, which include diesel and heating oil, fell by 2.1 million barrels in the week to 100.8 million barrels, versus expectations for a 1.02 million-barrel drop, the EIA data showed. Those inventories have declined to their lowest level since May 2003.