The U.S. Energy Information Administration (EIA) revealed on Wednesday that crude inventories increased by 2.412 million barrels in the week ended September 20. Economists had forecast a drop of 0.600 million barrels.

At the same time, gasoline stocks rose by 0.519 million barrels, while analysts had expected a decline of 0.564 million barrels. Distillate stocks reduced by 2.978 million barrels, while analysts had forecast a decrease of 0.400 million barrels.

Meanwhile, oil production in the U.S. increased by 100,000 barrels a day to 12.500 million barrels a day.

U.S. crude oil imports averaged 6.4 million barrels per day last week, down by 672,000 barrels per day from the previous week.