US crude oil inventory draws likely extended in the week ended Jan. 29 amid an uptick in export activity, an S&P Global Platts analysis showed Feb. 1. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Total commercial crude stocks are expected to have declined 2.4 million barrels to around 474.3 million barrels, according to analyst surveyed by Platts. The draw would leave inventories 4.5% above the five-year average of US Energy Information Administration data, in from 6% the week prior and marking the lowest overhang since the week ended April 3. The anticipated crude draw comes as US exports averaged at 4.02 million b/d in the seven days ended Jan. 29, according to data from cFlow, Platts trade-flow software. […]