U.S. crude stockpiles posted another unexpected build last week, sending oil prices 4% lower, while gasoline and distillate inventories grew more than forecast, the Energy Information Administration said on Wednesday. Crude inventories rose 6.8 million barrels in the week to May 31, compared with analyst expectations for a decrease of 849,000 barrels, mainly due to a jump in imports, record high production and sluggish refining rates for summer. Crude inventories have risen in three of the last four weeks in the face of expectations for declines, even as the government released supplies from the Strategic Petroleum Reserve in May. However, without an SPR release last week, overall commercial crude stocks rose to 483.3 million barrels, their highest since July 2017 and about 6% […]