The U.S. Energy Information Administration (EIA) revealed on Wednesday that crude inventories rose by 0.501 million barrels in the week ended October 2. Economists had forecast a build of 0.400 million barrels.

At the same time, gasoline stocks fell by 1.435 million barrels, while analysts had expected a decline of 0.471 million barrels. Distillate stocks decreased by 0.962 million barrels, while analysts had forecast a drop of 0.995 million barrels.

Meanwhile, oil production in the U.S. increased by 300,000 barrels a day to 11.000 million barrels a day.

U.S. crude oil imports averaged 5.7 million barrels per day last week, increased by 0.6 million barrels per day from the previous week.