US crude inventories climbed 4.74 million barrels last week to 476.78 million barrels, with higher production and lower refinery runs helping to offset a decline in imports, US Energy Information Administration data showed Wednesday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The crude stock build, combined with product inventory builds, was bearish for the futures complex. July NYMEX crude settled at $61.42/b, down $1.71, while July ICE Brent settled $1.19 lower at $70.99/b. NYMEX June RBOB was settled 2.81 cents lower at $1.9912/gal, and June NYMEX ULSD settled 3.03 cents lower at $2.0491/gal. Of last week’s crude build, 3.26 million barrels was in the Midwest. Stocks at Cushing, Oklahoma — the delivery point for NYMEX crude futures — climbed 1.27 million barrels […]