Foreign news on May 10, data released by the US Energy Information Administration (EIA) on Wednesday showed that US crude oil inventories unexpectedly increased last week, while gasoline and distillate inventories fell more than expected.
The report showed U.S. crude oil inventories rose by 3 million barrels in the week to May 5 to 462.58 million barrels, compared with analysts' expectations for a decline of about 900,000 barrels.
Crude inventories at warehouses in Cushing, Oklahoma, rose by 397,000 barrels, the EIA said.
The daily crude oil processing volume of refineries increased by 10,000 barrels per day, and the refinery capacity utilization rate increased by 0.3 percentage points to 91.0%.
U.S. gasoline inventories fell by 3.2 million barrels for the week to 219.71 million barrels, compared with analysts' expectations for a drop of about 1.2 million barrels.
Distillate stockpiles, which include diesel and heating oil, fell by 4.2 million barrels to 106.15 million barrels, compared with analysts' expectations for a decline of about 800,000 barrels.
EIA said net U.S. crude oil imports rose by 102,000 barrels per day last week.
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