US crude inventories unexpectedly declined in the week ended Sept. 25 as exports surged to a 20-week high, US Energy Information Administration data showed Sept. 30. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Commercial crude inventories declined 1.98 million barrels last week to 492.43 million barrels, according to the EIA, narrowing the surplus to the five-year average to 12.4%, the weakest supply overhang since late May. NYMEX November WTI settled 93 cents higher at $40.22/b on Sept. 30, while ICE November Brent slipped 8 cents lower on the day to settle at $40.95/b. The draw was centered on the US West Coast, where stocks fell 2.56 million barrels to 51.76 million barrels, and on the […]