Investing.com -- U.S. oil stockpiles fell by more than expected in the latest week, the Energy Information Administration said on Wednesday.
Crude inventories fell 9.9 million barrels last week, compared with analysts' expectations for a build of 430,000 barrels.
Distillate stockpiles, which include diesel and heating oil, fell 815,000 barrels in the week against expectations for a draw of 361,000 barrels, the EIA data showed.
Refinery crude runs fell 39,000 barrels. The weekly refinery utilization rate was down 0.8%, according to the EIA report.
Gasoline inventories rose 2.47 million barrels last week the EIA said, compared with expectations for a 1.76 million-barrel build.