Energy Information Administration reported on Wednesday that U.S. crude oil inventories increased by 3 million barrels in the week ending May 5. According to S&P Global Commodity Insights’ survey, the average analyst expected a decline in crude oil inventories of 1.8 millions barrels. According to the EIA, gasoline inventories fell by 3.2 million barrels and distillates dropped by 4.2 million barrels each week. Analysts had predicted a decline in gasoline supply of 550,000 barrels and a decrease in distillates supplies of 1.1 million barrels. The EIA reported that crude stocks at Cushing, Okla.’s Nymex delivery center rose by 400,000 barrels in the past week.