By Liz Moyer
Investing.com -- U.S. oil stockpiles declined more than expected in the latest week, the Energy Information Administration said on Wednesday.
Crude oil inventories fell 5.241 million barrels last week, compared with analysts' expectations for a draw of 2.036 million barrels.
Distillate stockpiles, which include diesel and heating oil, rose 4.412 million barrels in the week against expectations for a build of 1.358 million barrels, the EIA data showed.
Refinery crude runs were 328,000 barrels. The weekly refinery utilization rate rose 2.6%, according to the EIA report.
Gasoline inventories rose 7.046 million barrels last week the EIA said, compared with expectations for a build of 698,000 barrels.