Highlights US crude stocks slip 400,000 barrels to 428.11 million barrels Refinery utilization at 90.5% of capacity, but crude inputs hold USGC product glut sparks interest in Jones Act vessel moves New York — US crude supply contracted counter-seasonally last week amid stronger-than-normal refinery demand, US Energy Information Administration data showed Thursday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now US commercial crude stocks fell 400,000 barrels to 428.11 million barrels during the week-ended January 17, EIA data showed. The draw ran counter to both the prevailing seasonal trend and analyst expectations of a 500,000-barrel build in an S&P Global Platts survey Tuesday. The EIA weekly petroleum status report was delayed to Thursday due to a Monday federal holiday. Crude inventories fell to 1.1% under the five-year average for this time of year, opening the widest supply deficit to the average since March. US crude […]