U.S. crude stockpiles fell more than expected last week, while gasoline and distillate inventories rose, the Energy Information Administration said on Thursday. Crude inventories fell 4.3 million barrels in the week to Aug. 31, compared with analysts’ expectations for a decrease of 1.3 million barrels. The decline brought stockpiles to 401.49 million barrels, the lowest levels since February 2015. Stocks at the Cushing, Oklahoma, delivery hub for U.S. crude futures rose by 549,000 barrels, EIA said. “The large crude oil inventory drawdown makes for a bullish report, despite the appreciable gains in refined product inventory levels,” said John Kilduff, a partner at Again Capital Management in New York. Refiners’ demand for crude oil and drivers’ demand for gasoline remains […]