The U.S. Energy Information Administration (EIA) revealed on Wednesday that crude inventories increased by 3.104 million barrels in the week ended September 27. Economists had forecast a gain of 2.000 million barrels.

At the same time, gasoline stocks declined by 0.228 million barrels, while analysts had expected an advance of 0.600 million barrels. Distillate stocks reduced by 2.418 million barrels, while analysts had forecast a decrease of 2.978 million barrels.

Meanwhile, oil production in the U.S. decreased by 100,000 barrels a day to 12.400 million barrels a day.

U.S. crude oil imports averaged 6.3 million barrels per day last week, down by 87,000 barrels per day from the previous week.