The U.S. Energy Information Administration (EIA) revealed on Wednesday that crude inventories fell by 2.077 million barrels in the week ended May 29. Economists had forecast a build of 3.038 million barrels.

At the same time, gasoline stocks rose by 2.796 million barrels, while analysts had expected a gain of 1.000 million barrels. Distillate stocks climbed by 9.935 million barrels, while analysts had forecast an increase of 2.686 million barrels.

Meanwhile, oil production in the U.S. decreased by 200,000 barrels a day to 11.200 million barrels a day.

U.S. crude oil imports averaged 6.2 million barrels per day last week, decreased by 1.0 million barrels per day from the previous week.