Crude prices settled sharply higher Sept. 16 after US Energy Information Administration data showed US crude inventory draws resumed during the week ended Sept. 11. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now NYMEX October WTI settled $1.88 higher at $40.16/b and ICE November Brent was up $1.69 on the day to settle at $42.22/b. US commercial crude inventories declined 4.39 million barrels during the week ended Sept. 11 to 496.05 million barrels, EIA said, putting stockpiles 13.3% above the five-year average, in from 14.4% the week prior. Total refinery net crude inputs climbed 700,000 b/d to 13.49 million b/d as utilization rates jumped 4 percentage points to 75.8% of capacity. An 820,000 b/d uptick in […]