Commercial crude stocks dip 9.59 million barrels to 439.48 million barrels Exports surge 846,000 b/d to 3.39 million b/d Refinery utilization steps 1.3 points higher to 88.9% of capacity New York — Strong exports and an uptick in refinery utilization contributed to a steep draw in US crude supply last week, Energy Information Administration data showed Wednesday. US commercial crude US commercial crude stocks fell 9.59 million barrels to 439.48 million barrels during the week-ended March 15, EIA data showed. The draw pushed inventories to a nine-week low and dropped them to 1.6% below the five-year average, the first deficit since September. An 8.62 million-barrel slide in US Gulf Coast crude stocks to 213.53 million barrels, a 25-week low led the nationwide crude draw. Midwest inventories also fell 1.85 million barrels to 139.52 million barrels, including […]