UPDATE 1-U.S. crude oil and fuel stocks up -EIA

(Adds table, analysts comments, details, market reaction)

------ API ------ ------ EIA ------

Stocks Change Change Stocks Change Change

11/06/09 from from 11/06/09 from from

pvs wk yr-ago pvs wk yr-ago
Crude 337.5 1.2 26.3 337.7 1.8 23.6
Distillate 168.8 0.6 40.8 167.7 0.3 38.7
Gasoline 211.5 1.4 12.7 210.8 2.5 14.4
Heating oil 52.5 0.9 11.3 51.4 0.8 10.7
RFG gasoline 0.7 -0.1 -0.2 0.6 0.0 -0.5
Kerosene 44.3 1.5 7.3 44.7 -0.5 6.4
Crude runs (bpd) 13.9 -0.1 -0.9 13.8 -0.1 -0.6
Refinery runs

(percent) 80.6 0.1 -6.5 79.9 -0.7 -4.7
Products supplied

(4-week average)-----------------------18.7 -0.2 -0.5

By Haitham Haddadin

NEW YORK, Nov 12 (Reuters) - U.S. crude oil stockpiles rose more than
expected last week on higher imports and lower refinery utilization,
according to U.S. Energy Information Administration weekly data issued
Thursday.

Commercial crude stocks in the United States rose 1.8 million barrels
to 337.7 million barrels in the week ended Nov. 6 versus analysts'
projections stocks would be up by 600,000 barrels only.

NYMEX energy futures added to already sizable losses after the release
of the EIA data which also showed bearish surprise builds in inventories of
distillate fuels and gasoline. December NYMEX crude CLZ9 dropped $2.25,
or 2.84 percent, to $77.03 per barrel.

"The bears definitely have control," said Mike Zarembski, analyst for
optionsXpress in Chicago.

"Supplies were well above expectations and we had gains across the
board, even in distillates where they were expecting a slight decline," he
said. "Even with refinery rates lower we are still seeing product
inventories up."

Crude runs, or domestic refiner demand for crude oil, dropped by
145,000 barrels per day (bpd) to 13.83 million bpd as refinery utilization
fell 0.7 percentage point to 79.9 percent of capacity, versus expectations
of a 0.2 percentage point rise.

It was the lowest reading for refinery utilization since the week of
Sept 26, 2008, when it came in at 72.3 percent.

Imports of crude rose by 530,000 bpd, added the EIA report which was
issued a day later than usual due to Wednesday's U.S. Veterans Day
holiday.

Trade group American Petroleum Institute on Tuesday reported domestic
crude stocks rose last week by a more-than-forecast 1.2 million barrels as
imports rebounded. [API/S]

Meanwhile, stocks of distillates, which include diesel and heating oil,
logged a surprise rise of 300,000 barrels to 167.7 million barrels last
week, EIA said, counter to expectations they would be 700,000 barrels
lower.

U.S. weekly heating oil stocks were up 800,000 barrels at 51.4 million
barrels amid milder temperatures in the U.S. Northeast, the world's leading
market for the fuel.

Gasoline inventories were up 2.5 million barrels at 210.8 million
barrels, EIA said, versus forecasts for an unchanged reading.

U.S. total oil product demand over past 4 weeks was 18.66 million bpd,
down 4.7 percent from a year ago, it added.

"End user is demand poor," said Tom Knight, a trader at Truman Arnold
Co in Texarkana, Texas. "Refiners, it looks like, are going to continue to
trim refining rates because margins are poor, too."

API had said U.S. distillate inventories chalked up a surprise gain of
640,000 barrels last week while gasoline inventories were up 1.4 million
barrels. [API/S]
(Reporting by Haitham Haddadin; Additional reporting by Ed McAllister,
Bruce Nichols, Janet McGurty and Gene Ramos; Editing by John Picinich)