US crude and gasoline inventories fell last week, distillate stocks rose, EIA says
NEW YORK, July 10 (Reuters) -Crude inventories fell by 3.4 million barrels to 445.1 million barrels in the week ended July 5, the EIA said on Wednesday, compared with analysts' expectations in a Reuters poll for a 1.3 million-barrel draw.
Crude stocks at the Cushing, Oklahoma, delivery hub USOICC=ECI fell by 702,000 barrels in the week, the EIA said.
Refinery crude runs USOICR=ECI rose by 317,000 barrels per day, while utilization rates USOIRU=ECI rose by 1.9 percentage points in the week, the EIA said.
U.S. gasoline stocks USOILG=ECI fell by 2 million barrels in the week to 229.7 million barrels, the EIA said, compared with analysts' expectations in a Reuters poll for a 0.6 million-barrel draw.
Distillate stockpiles USOILD=ECI, which include diesel and heating oil, rose by 4.9 million barrels in the week to 124.6 million barrels, versus expectations for a 0.8 million-barrel rise, the EIA data showed.
Net U.S. crude imports USOICI=ECI rose last week by 615,000 barrels per day, EIA said.
Reporting by Nicole Jao
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