US commercial crude stocks notched a fresh all-time high last week amid still-weak refinery demand and flagging exports, US Energy Information Administration data showed June 17. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Commercial crude stocks climbed 1.22 million barrels to 539.28 million barrels in the week ended June 12, US Energy Information Administration data showed. Inventories are now 14.5% above the five-year average for this time of year. An additional 1.73 million barrels entered storage at the Strategic Petroleum Reserve, pushing stockpiles there to 65.17 million barrels. In a pattern echoing recent weekly reports, the commercial crude build was again concentrated on the US Gulf Coast. Stockpiles there pushed 3.81 million barrels higher on the […]