the energy information administration on thursday reported that us crude inventories rose by 88 million barrels for the week ended sept 2 on average analysts expected a decline of 18 million barrels according to a poll conducted by sp global commodity insights the increase came on the back of a 75 millionbarrel decline in crude stocks in the strategic petroleum reserve the eia which reported the data a day later than usual due to mondays labor day holiday also said gasoline stockpiles climbed by 400000 barrels last week while distillate stocks edged up by 100000 barrels the analyst survey called for inventory declines of 15 million barrels for gasoline and 11 million barrels for distillates crude stocks at the cushing okla nymex delivery hub fell by 500000 barrels for the week the eia said october west texas intermediate crude clv22 was up 116 or 14 at 8310 a barrel on the new york mercantile exchange it was at 8298 before the supply data