The U.S. Energy Department on Thursday reported that U.S. crude-oil supplies rose 3 million barrels for the week ended May 24, to 397.6 million barrels. That's their highest level since the EIA began collecting data in 1978. The increase was unexpected as analysts polled by Platts were looking for a 1.5 million-barrel decline but the American Petroleum Institute late Wednesday had reported a bigger 4.4 million-barrel increase in stockpiles. Gasoline supplies fell 1.5 million barrels, while distillate stockpiles rose 1.9 million barrels, the EIA said. Gasoline stockpiles were expected to fall by 800,000 barrels, while ... (full story)