05:44 AM EDT, 06/12/2025 (MT Newswires) -- U.S. crude oil inventories declined by 3.7 million barrels to 432.4 million barrels in the week ended June 6, the U.S. Energy Information Administration said in its This Week in Petroleum report released on Wednesday.

Analysts polled by Reuters had expected a decline of 2 million barrels.

Meanwhile, crude oil production rose by 10,000 barrels per day to 13.41 million b/d, the EIA reported.

Crude oil imports increased by 83,000 b/d to 6.24 million b/d while crude oil exports fell 21,000 b/d to 3.75 million b/d, according to the agency.

Gasoline stocks gained 1.5 million barrels to 229.8 million barrels, the EIA said. Distillate stockpiles also rose 1.3 million barrels to 108.9 million barrels.