By Claudia Assis
SAN FRANCISCO (MarketWatch) -- Crude-oil futures trimmed some of its gains Wednesday after a government report showed an increase in inventories. Crude for November delivery added 15 cents to $75.06 a barrel after the Energy Information Administration said oil inventories for the week ended Sept. 17 rose 1 million barrels. Oil traded around $75.30 a barrel before the report, which gave prices an initial boost as it showed an increase below what a trade group had reported earlier in the week. The increase, however, ran contrary to analysts expectations. Analysts polled by Platts expected a decline of 1.5 million barrels for the week. Gasoline stocks rose 1.6 million barrels, whereas analysts had seen it unchanged. Reserves of distillates, which include diesel and heating oil, rose 300,000 barrels, the EIA said. They were forecast to increase 100,000 barrels, according to Platts.
