The U.S. Energy Information Administration (EIA) revealed on Wednesday that crude inventories rose by 1.580 million barrels in the week ended August 9. Economists had forecast a fall of 2.500 million barrels.

At the same time, gasoline stocks fell by 1.412 million barrels, while analysts had expected a gain of 0.615 million barrels. Distillate stocks decreased by 1. 934 million barrels, while analysts had forecast a surge of 0.874 million barrels.

Meanwhile, oil production in the U.S. was unchanged at 12.300 million barrels a day.

U.S. crude oil imports averaged 7.7 million barrels per day last week, up by 566,000 barrels per day from the previous week.