New York—US crude stocks are expected to resume their march higher last week amid still-weak refinery demand, but strong exports are likely to blunt builds, an S&P Global Platts analysis showed Monday. Commercial crude stocks likely climbed 2.4 million to around 533.9 million barrels during the week ended May 15, analysts surveyed by Platts said. The build would push stocks to their highest since March 2017 and put them 11.7% above the five-year average of US Energy Information Administration data.
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