U.S. crude stocks fell last week, while gasoline and distillate inventories rose, the Energy Information Administration said on Wednesday. Crude inventories fell by 1.4 million barrels in the last week, compared with analysts’ expectations for a decrease of 3.3 million barrels. “The report was negative for prices with the smaller-than-expected drawdown in crude oil inventories and the decent sized rise in refined product inventories,” said John Kilduff, a partner at Again Capital Management in New York. “Refiner demand for crude oil remains high, however, as does consumer demand for gasoline.” Crude production declined 100,000 barrels per day to 10.8 million bpd in the week, according to the report. The drop followed a monthly report from EIA that showed oil production is growing slower than previously expected in 2018. […]