Highlights US crude stocks up 5.72 million barrels to 538.07 million barrels Net crude inputs 20% below normal at 13.48 million b/d Exports fall to seven-month low of 2.44 million b/d New York — US commercial crude inventories climbed to a record high last week amid moribund refinery demand and falling exports, US Energy Information Administration data showed June 10. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Commercial crude stocks surged 5.72 million barrels to 538.07 million barrels during the week ended June 5, according to EIA data. The build pushed stocks to 13.5% above the five-year average and put commercial inventories at the highest on record dating back to 1982. However total US inventories, inclusive of the Strategic Petroleum Reserve, were last higher in June 2017. Click here for full-size image The crude build was concentrated almost entirely on the US Gulf Coast, […]