Highlights Commercial crude stocks fall 5.0.8 million barrels Refinery net inputs rise 2.4% USAC gasoline stocks remain tight despite build US crude oil inventory declines extended in the week ended May 28, US Energy Information Administration data showed June 3, amid rising refinery demand and lower production. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Total commercial crude oil inventories drew 5.08 million barrels lower to 479.27 million barrels in the week to May 28, pushing them to the lowest since the week ended Feb. 19 and nearly 3% behind the five-year average. NYMEX July WTI settled 2 cents lower at $68.81/b and ICE August Brent declined 4 cents to $71.31/b June 3. The draw was concentrated on the US Gulf Coast, which saw a 5.64 million-barrel decline in inventories to 264.81 million barrels. This draw was offset in part by rising stock levels on […]