The U.S. Energy Information Administration (EIA) released its crude oil inventories data on Wednesday. U.S. crude inventories rose by 1.3 million barrels to 541.3 million in the week to May 13.

Analysts had expected U.S. crude oil inventories to decline by 3.16 million barrels.

Gasoline inventories decreased by 2.5 million barrels, according to the EIA.

Crude stocks at the Cushing, Oklahoma, climbed by 461,000 barrels.

U.S. crude oil imports increased by 22,000 barrels per day.

Refineries in the U.S. were running at 90.5% of capacity, up from 89.1% the previous week.

Oil production fell by 0.1% last week to 8.791 million barrels a day from 8.802 million barrels a day in the previous week.