US crude stocks, gasoline and distillate inventories rise, EIA says
By Liz Hampton
DENVER, Nov 12 (Reuters) - US crude stocks, gasoline and distillate inventories rose last week, the Energy Information Administration said on Thursday.
Crude inventories rose by 4.7 million barrels to 414.4 million barrels in the week ended November 6, the EIA said, compared with analysts' expectations in a Reuters poll for a 1.1 million-barrel draw.
Crude stocks at the Cushing, Oklahoma, delivery hub USOICC=ECI rose by 106,000 barrels in the week, the EIA said.
Oil futures fell slightly following the report. Global Brent crude futures were trading at $93.95 a barrel, up $1.19 at 12:10 p.m. ET (1710 GMT), while US West Texas Intermediate futures were up 50 cents to $87.03 a barrel.
Refinery crude runs USOICR=ECI rose by 322,000 barrels per day in the week, the EIA said, while utilization rates USOIRU=ECI rose by 0.7 percentage points in the week to 95.2%.
US gasoline stocks USOILG=ECI rose by 1.8 million barrels in the week to 210.8 million barrels, the EIA said, compared with analysts' expectations in a Reuters poll for an 84,000-barrel draw.
Distillate stockpiles USOILD=ECI, which include diesel and heating oil, rose by 4.1 million barrels in the week to 103.3 million barrels, versus expectations for a 1 million-barrel drop, the EIA data showed.
Net US crude imports USOICI=ECI rose last week by 544,000 barrels per day, EIA said.