The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks rose another week, by +9.56 mmb to 1317.18 mmb in the week ended June 7. Crude oil inventory gained +2.21 mmb to 485.47 mmb (consensus: -0.48 mmb). Inventories rose in 3 out of 5 PADDs. Stockpile in PADD2 (Midwest) alone gained +1.9 mmb during the week. Utilization rate climbed +1.4% to 93.2% while crude production slipped -0.1M bpd to 12.3M bpd for the week. Crude oil imports dropped -0.32M bpd to 7.61M bpd in the week.