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

- U.S. crude stocks rose while gasoline and distillate inventories fell in the week ending July 3, the Energy Information Administration said on Wednesday.

Crude inventories rose by 3 million barrels to 411.4 million barrels last week, the EIA said, compared with analysts' expectations in a Reuters poll for a 2.4 million-barrel draw.

Crude stocks at the Cushing, Oklahoma, delivery hub USOICC=ECI fell by 52,000 barrels last week, the EIA said.

Refinery crude runs USOICR=ECI fell by 172,000 barrels per day last week, the EIA said.

Refinery utilization rates USOIRU=ECI fell by 0.8 percentage points in the week

U.S. gasoline stocks USOILG=ECI fell by 1.9 million barrels in the week to 212.1 million barrels, the EIA said, compared with analysts' expectations in a Reuters poll for a 1.6 million-barrel draw.​

Distillate stockpiles USOILD=ECI, which include diesel and heating oil, fell by 5 million barrels in the week to 103.6 million barrels, versus expectations for a 0.6 million-barrel rise, the EIA data showed.

Net U.S. crude imports USOICI=ECI rose by 1.1 million barrels per day, EIA said.