U.S. crude oil stockpiles fell more than expected last week, while gasoline and distillate inventories rose sharply, the Energy Information Administration said on Wednesday, due to the impact of the first major hurricane to hit the U.S. Gulf of Mexico this season. Crude and gasoline futures turned lower after the report. U.S. crude fell 39 cents per barrel to trade at $57.24 a barrel by 11:09 a.m. EDT [1509 GMT], while gasoline futures traded down 0.45 cent to $1.8867 a gallon. “A hurricane-impacted report shows a drop in production and imports offsetting lower refining activity to yield a draw to crude stocks,” said Matt Smith, director of Commodity Research at ClipperData. Barry, which came ashore on Saturday in central Louisiana as […]