U.S. crude, distillate inventories rose last week - EIA

Kitco Media
By Reuters
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Reuters
Feb 23 (Reuters) - U.S. crude oil and distillate inventories rose last week, while gasoline stockpiles fell, the Energy Information Administration said on Thursday. Crude inventories rose by 7.6 million barrels in the week to Feb. 17, compared with analysts' expectations in a Reuters poll for a 2.1 million-barrel rise. Crude stocks at the Cushing, Oklahoma, delivery hub for futures rose by 700,000 barrels last week, the EIA said. Refinery crude runs fell by 17,000 barrels per day, and refinery utilization rates fell by 0.6% percentage points in the week. U.S. gasoline stocks fell by 1.9 million barrels, the EIA said, compared with analysts' expectations in a Reuters poll for an about 110,000-barrel rise.? Distillate stockpiles , which include diesel and heating oil, rose by 2.7 million barrels, versus expectations for a 1.1-million barrel draw. Net U.S. crude imports fell by 1.4 million bpd, the EIA said. (Reporting by Stephanie Kelly Editing by Marguerita Choy)

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