U.S. crude stocks rise, gasoline, distillate inventories fall
(Reuters) - U.S. crude stocks rose while gasoline and distillate inventories fell in the week ending April 12, the Energy Information Administration said on Wednesday.
Crude inventories rose by 2.7 million barrels to 460 million barrels, the EIA said, compared with analysts' expectations in a Reuters poll for a 1.4 million-barrel rise.
Crude stocks at the Cushing, Oklahoma, delivery hub USOICC=ECI rose by 33,000 barrels in the week, the EIA said.
Refinery crude runs USOICR=ECI rose by 131,000 barrels per day in the week, the EIA said.
Refinery utilization rates USOIRU=ECI fell by 0.2 percentage points in the week.
U.S. gasoline stocks USOILG=ECI fell by 1.2 million barrels in the week to 227.4 million barrels, the EIA said, compared with analysts' expectations in a Reuters poll for a 0.9 million-barrel draw.
Distillate stockpiles USOILD=ECI, which include diesel and heating oil, fell by 2.8 million barrels in the week to 115 million barrels, versus expectations for a 0.3 million-barrel drop, the EIA data showed.
Net U.S. crude imports USOICI=ECI fell by 1.99 million barrels per day, EIA said.
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