US crude oil inventories edged lower in the week ended Nov. 20 amid an uptick in refinery demand and exports, US Energy Information Administration data showed Nov. 25. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Total commercial crude stocks declined 750,000 barrels in the week ended Nov. 20 to 488.72 million barrels, EIA data showed. The counter-seasonal draw narrowed the surplus to the five-year average to 6.2%, the weakest since early April. Crude stocks were lower across all regions outside the US Gulf Coast, but the draw was concentrated at the NYMEX delivery point of Cushing, Oklahoma, where inventories declined 1.72 million barrels to a six-week-low 59.89 million barrels. The Cushing draw pulled broader Midwest stocks down 1.91 million barrels to 146.25 million barrels. […]