US commercial crude stocks rose 1.45 million barrels to 383.91 million barrels in the reporting week that ended June 6, American Petroleum Institute data showed Tuesday. Analysts surveyed Monday had been expecting a 1.2 million-barrel draw. The unexpected build in stocks was likely a product of a 434,000 b/d decline in crude runs, which fell to 15.45 million b/d, according to API. This helped to cut refinery utilization rates by 2.1 percentage points to 87.8% of capacity. Analysts had been expecting a 0.5 percentage point decline. Runs on the US Gulf Coast fell 487,000 b/d to 7.62 million b/d, pushing utilization rates in that region 5.1 percentage points lower to 84.1% of capacity, according to the trade group. As a result, USGC crude stocks rose 1.95 million barrels to 204.65 million barrels. A 65,000 b/d fall in USGC imports to 3.08 million b/d also helped to limit the build. […]