US crude oil stockpiles increased by 4.4 million barrels to reach 428.8 million barrels in the week ending August 14, the Energy Information Administration reported on Wednesday.
Gasoline inventories rose by 0.7 million barrels to 209.4 million barrels during the same period, according to the EIA data.
Distillate stockpiles, which include diesel and heating oil, decreased by 1.5 million barrels to 105.6 million barrels.
Crude stocks at the Cushing, Oklahoma delivery hub fell by 1.3 million barrels during the week.
Refinery crude runs increased by 216,000 barrels per day, while utilization rates rose by 1 percentage point, the EIA said.
Source: Investing.com
