The U.S. Energy Information Administration (EIA) revealed on Wednesday that crude inventories rose by 1.285 million barrels in the week ended February 19. Economists had forecast a decline of 5.190 million barrels.

At the same time, gasoline stocks edged up 0.012 million barrels, while analysts had expected a plunge of 3.062 million barrels. Distillate stocks declined by 4.969 million barrels, while analysts had forecast a decrease of 3.746 million barrels.

Meanwhile, oil production in the U.S. tumbled by 1.100 million barrels a day to 9.700 million barrels a day.

U.S. crude oil imports averaged 4.6 million barrels per day last week, decreased by 1.3 million barrels per day from the previous week.