UNITED STATES (OBSERVATORY) – Crude oil inventories in the US rose last week, as refineries (refineries) reduced production, while gasoline stocks increased and distillate stocks fell, the Energy Information Administration (EIA) of the US Department of Energy reported.
Crude stocks rose by 2.2 million barrels a week to April 20, while most analysts expected a 2 million barrel decline in inventories.
According to EIA, crude oil reserves in Cushing, Oklahoma, increased by 459 thousand barrels.
The refining at the factories decreased by 328 thousand barrels a day, according to EIA. The refinery utilization rates decreased by 1.6 percentage points.
Gasoline stocks rose by 840,000 barrels compared to expectations of a drop of 625,000 barrels in a Reuters poll.
Distillate stocks, which include diesel and heating oil, fell by 2.6 million barrels against expectations of a reduction of 861,000 barrels, according to EIA.
Net oil imports in the US fell by 43,000 barrels a day last week.