Crude futures fell Wednesday after the US Energy Information Administration reported a 5.7 million-barrel build in crude inventories for the week that ended October 25. ICE front-month Brent settled at $60.61/b, down 98 cents, while NYMEX front-month crude settled at $55.06/b, down 48 cents. While US refiners increased crude runs last week as they gradually exited fall maintenance, more supply was available, as crude imports jumped 840,000 b/d to 6.7 million b/d, and crude exports fell 356,000 b/d to 3.33 million b/d, the EIA data showed. Crude inventories climbed across the US, with the Gulf Coast leading the way with a 1.6 million barrel increase. Midwest stocks climbed 1.58 million barrels while US West Coast inventories rose 1.51 million barrels. US crude stocks, which are roughly on par with the five-year […]