Highlights US commercial crude stocks sharply higher by 7.98 million barrels Crude exports dip to a four-week low 1.72 million b/d Refinery utilization steady at 90.4% as turnarounds ease New York — Steep declines in US crude exports coupled with sustained record-high production added to US crude supply last week, US Energy Information Administration data showed Wednesday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Total US commercial crude stocks moved sharply higher by 7.98 million barrels to 403.96 million barrels during the week ended 28 September, EIA said, far exceeding analyst expectations of a 2.76 million barrel build. US production held at all-time highs of 11.1 million b/d and a 163,000 b/d uptick in imports contributed to moving inventories to a five-week high last week, according to EIA. The large gains come on the heels of an unexpected build during the week ended 21 […]