The U.S. Energy Information Administration (EIA) revealed on Wednesday that crude inventories rose by 1.215 million barrels in the week ended June 12. Economists had forecast an increase of 0.500 million barrels.

At the same time, gasoline stocks fell by 1.667 million barrels, while analysts had expected a drop of 0.017 million barrels. Distillate stocks declined by 1.358 million barrels, while analysts had forecast a build of 2.429 million barrels.

Meanwhile, oil production in the U.S. decreased by 600,000 barrels a day to 10.500 million barrels a day.

U.S. crude oil imports averaged 6.6 million barrels per day last week, down by 222,000 thousand barrels per day from the previous week.