record-high crude exports drives US inventories to 12-week low

摘要

New York—US crude oil inventories moved sharply lower last week amid record-high export flows and a surge in refiner demand, US Energy Information Administration data showed Friday. Commercial crude oil inventories plunged 11.46 million barrels to a 12-week low of 429.90 million barrels during the week ended December 27, according to EIA data. The draw pushed US crude stocks nearly 0.2% below the five-year average for this time of year, erasing a supply overhang that had persisted since early September.