US crude inventory builds extended in the week ended March 19, US Energy Administration data showed March 24, as refinery runs continued to see lingering effects from the mid-February polar vortex. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Commercial crude stocks climbed 1.91 million barrels last week to 502.71 million barrels, leaving stocks 6.4% above the five-year average for this time of year. The build was concentrated on the US Gulf Coast, which saw inventories rise 5.39 million barrels to 293.57 million barrels. Inventories at the NYMEX delivery point of Cushing Oklahoma saw a 1.94 million-barrel draw, the largest one-week slide since mid-February. Futures markets were undeterred by the build, which was in line with recent expectations. American Petroleum Institute data […]