Enbridge Inc.’s crude oil storage tanks are seen during a tour of their tank farm in Cushing, Oklahoma, March 24, 2016. Picture taken March 24, 2016. U.S. crude oil inventories rose slightly less than expected last week, while distillate stockpiles posted an unexpected and huge drawdown, data from the Energy Information Administration showed on Wednesday. Crude inventories rose 2.1 million barrels in the week to April 15, compared with analysts’ expectations for an increase of 2.4 million barrels. Crude stocks at the Cushing, Oklahoma, delivery hub for U.S. crude futures fell 248,000 barrels, EIA said. Brent and U.S. crude futures both rose after the data, with Brent reversing losses and turning positive. [O/R] “Distillates are the standout bullish element of the report and gasoline is the disappointment,” said Matt Smith, director of commodity research at New York-headquartered energy data provider ClipperData. “Distillate throughput jumped last week, meaning demand is […]