US crude oil inventory draws resume amid strong exports, rising refinery demand

US crude oil inventory draws resumed in the week to Oct. 13, US Energy Information Administration data showed Oct. 18, amid a counter-seasonal uptick in refinery demand and strong exports. US commercial crude stocks declined 4.49 million barrels to 419.75 million barrels in the week to Oct. 13, the data shows. The draw ran counter to an average build of…US crude oil inventory draws resumed in the week to Oct. 13, US Energy Information Administration data showed Oct. 18, amid a counter-seasonal uptick in refinery demand and strong exports. US commercial crude stocks declined 4.49 million barrels to 419.75 million barrels in the week to Oct. 13, the data shows. The draw ran counter to an average build of…  Read More