The Energy Information Administration reported US crude oil inventory increase of 5.5 million barrels for the week to February 2. This compared with a build of 1.2 million barrels for the previous week that depressed oil prices. In fuels, the EIA reported a draw in gasoline stocks and another in distillate stocks. Gasoline stocks shed 3.1 million barrels in the week to February 2, which compared with a build of 1.2 million barrels for the previous week. Gasoline production averaged 9 million barrels per day last week, which compared with 9.3 million barrels daily a week earlier.