By Liz Moyer
Investing.com -- U.S. oil stockpiles fell more than double the amount expected in the latest week, the Energy Information Administration said on Thursday.
Crude inventories fell 5.08 million barrels last week, compared with analysts' expectations for a draw of 2.443 million barrels.
Distillate stockpiles, which include diesel and heating oil, rose 3.72 million barrels in the week against expectations for a draw of 1.479 million barrels, the EIA data showed.
Refinery crude runs were 358,000 barrels. The weekly refinery utilization rate rose 1.7%, according to the EIA report.
Gasoline inventories rose 1.5 million barrels last week the EIA said, compared with expectations for a draw of 1.479 million barrels.