US crude stocks climbed during the week ended June 19 as rising production and weak refinery demand outshined resurgent exports, US Energy Information Administration data showed June 24. Receive daily email alerts, subscriber notes & personalize your experience. Register Now US commercial crude stocks climbed 1.44 million barrels to a record-high 540.72 million barrels in the week ended June 19, EIA said. The build pushed inventories to 16.2% above the five-year average for this time of year. An additional 1.99 million barrels of crude entered the Strategic Petroleum Reserve, EIA said, pushing inventories there to 653.72 million barrels. The return of US Gulf of Mexico production following Tropical Storm Cristobal pushed total US crude production up 500,000 b/d on the week to 11 million […]