US crude build extends, blunted by strong exports and rising refinery demand

摘要

US crude oil inventory builds extended in the week ended Nov. 5, US Energy Information Administration data showed Nov. 10, but steady exports and a bump in refinery demand blunted the seasonal increase. Total commercial crude stocks climbed 1 million barrels to 435.1 million barrels, EIA said, well below the 4.2-million-barrel build averaged over the past five years. The modest build widened the inventory deficit to the five-year average to 6.5 from 5.7 the week prior.