Refiners pump the brakes This week’s U.S. supply report showed an increase that was four times as large as Wall Street expected and pushed crude stockpiles to their highest level in 80 years. The U.S. Energy Information Administration said Thursday that crude inventories rose by 10.1 million barrels in the week ended Jan. 16. Analysts polled by Platts had expected an increase of 2.5 million barrels for the week. The last time U.S. crude inventories hovered around 400 million barrels was June/July 1924, when Calvin Coolidge was the president. At 387.9 million barrels, U.S. crude oil inventories “are at the highest level for this time of the year in at least the last 80 years,” the EIA said in the report. The build was due to lower refinery runs, and U.S. crude production remained the same at 9.2 million barrels a day. Refineries are gearing up for “maintenance season” in the next month ahead of the spring and summer driving season, and the EIA said refineries ran at 85.5% capacity. That’s the lowest level since March 2013, analysts at UBS said in a note Thursday. Claudia Assis