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

- U.S. crude stocks and distillate inventories fell while gasoline stockpiles rose last week, the Energy Information Administration said on Wednesday.

Crude inventories fell by 7.2 million barrels to 426.5 million barrels in the week ended June 5, the EIA said, compared with analysts' expectations in a Reuters poll for a 4 million-barrel draw.

Crude stocks at the Cushing, Oklahoma, delivery hub USOICC=ECI fell by 801,000 barrels in the week, the EIA said.

Refinery crude runs USOICR=ECI rose by 81,000 barrels per day in the week, the EIA said, while utilization rates USOIRU=ECI rose by 0.6 percentage points to 95.3%.

U.S. gasoline stocks USOILG=ECI rose by 0.2 million barrels in the week to 215.1 million barrels, the EIA said, compared with analysts' expectations in a Reuters poll for a 0.5 million-barrel draw.​

Distillate stockpiles USOILD=ECI, which include diesel and heating oil, fell by 0.2 million barrels in the week to 102.1 million barrels, versus expectations for a 0.5 million-barrel drop, the EIA data showed.

Net U.S. crude imports USOICI=ECI rose last week by 525,000 barrels per day, EIA said.