The U.S.' crude oil inventories increased for the week ending Oct.12, the Energy Information Administration (EIA) data showed Wednesday.
Commercial crude oil stocks rose by 6.5 million barrels, or 1.6 percent, to 416.4 million barrels last week, according to the EIA data.
The market expectation for the stocks was an increase of 1.6 million barrels. In the previous week, commercial oil inventories rose by 6 million barrels.
Strategic petroleum reserves, which are not included in the commercial stocks, fell by 1.1 million barrels, or 0.2 percent, to 657.6 million barrels.
Gasoline stocks also fell by 2 million barrels, or 0.9 percent, to 234.2 million barrels for the week ending Oct.12.
The market expectation for gasoline stocks was a decline of 1.1 million barrels. In the previous week, they rose by 1 million barrels.
-Crude oil production falls
The U.S.' crude oil production fell last week by 287,000 barrels per day (bpd) to 10.9 million bpd, according to the EIA data.
While crude output rose 13,000 bpd in the state of Alaska, other states showed a total decrease of 300,000 bpd.
This marked the seventh time crude oil production in the U.S. showed a decrease in the country during the past 40 weeks.
By Ovunc Kutlu in New York
Anadolu Agency
energy@aa.com.tr