US commercial crude oil inventories increased by 3.7 million barrels in the week ending 4 May. The US Energy Information Administration says that at 379.5 million barrels, crude oil inventories are above the upper limit of the average range for this time of year. Total motor gasoline inventories decreased by 2.6 million barrels last week and are in the middle of the average range. Both finished gasoline inventories and blending components inventories decreased last week. Distillate fuel inventories decreased by 3.3 million barrels last week and are in the lower limit of the average range for this time of year. ... (full story)