New York—US crude inventory declines likely extended during the week ended Dec. 18 amid an uptick in exports, an S&P Global Platts analysis showed Dec. 21. Commercial crude stocks are expected to have declined 4.7 million barrels to around 495.4 million barrels last week, analysts surveyed by Platts said. The draw would leave inventories just shy of 10% above the five-year average of US Energy Information Administration data, in from 10.3% the week prior.
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