Crude oil inventories in the United States increased by 1.232 million barrels in the week that ended November 29, beating expectations, the American Petroleum Institute’s (API) private data reportedly showed on Tuesday. Reserves in Cushing, Oklahoma, were said to have risen by 112,000 barrels. Gasoline reserves grew by 4.623 million barrels. Meanwhile, distillate stocks went up by 1.014 million barrels.