US crude inventories rise 600,000 barrels

US crude oil inventories increased during the week ended Nov. 28, indicating weaker demand in the world’s largest economy.

Commercial crude stockpiles rose by 600,000 barrels last week, while estimates pointed to a decline of 1.7 million barrels, according to data released on Dec. 3 by the Energy Information Administration (EIA).

Gasoline inventories rose by 4.5 million barrels, and distillate stocks — including diesel and heating oil — climbed by 1.1 million barrels.