US crude stocks saw a larger-than-expected build last week as exports fell sharply, and domestic production topped 10.5 million b/d, Energy Information Administration data showed Wednesday. Crude exports fall 970,000 b/d Cushing builds fifth straight week Distillates draw, gasoline builds Crude stocks rose 3.306 million barrels to 428.638 million barrels the week ending April 6, EIA data showed Wednesday. Analysts surveyed Monday by S&P Global Platts were looking for a build a of 100,000 barrels. The five-year average for the same period showed an increase of 1.9 million barrels. This build marked a reversal from the week prior when record-high US crude exports and a drop in imports led to a draw of 4.62 million barrels. Last week saw imports rebound 752,000 b/d to 8.65 million b/d, while exports plunged 970,000 b/d last week to 1.205 million b/d. Article continues below… Oilgram News brings you fast-breaking global petroleum and […]