U.S. crude stockpiles slide as imports fall -EIA
NEW YORK, July 28 (Reuters) - U.S. crude oil stockpiles fell last week as imports dropped, while gasoline stocks and distillate inventories also declined, the Energy Information Administration said on Wednesday.
Crude inventories USOILC=ECI fell by 4.1 million barrels in the week to July 23, more than analysts' expectations in a Reuters poll for a decrease of 2.9 million barrels.
Stocks at the Cushing, Oklahoma, delivery hub for U.S. crude futures USOICC=ECI fell by 1.268 million barrels, EIA said.
Net U.S. crude imports USOICI=ECI fell last week by 616,000 barrels per day.
Refinery crude runs USOICR=ECI fell by 132,000 bpd, and refinery utilization rates USOIRU=ECI slipped 0.3 percentage point, EIA data showed.
Gasoline stocks USOILG=ECI fell by 2.3 million barrels, more than double forecasts for a 916,000-barrel drop.
Distillate stockpiles USOILD=ECI, which include diesel and heating oil, dropped by 3.1 million barrels, data showed, also exceeding expectations for a 435,000-barrel drop.
(Reporting by Devika Krishna Kumar in New York Editing by Marguerita Choy)
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