Highlights US crude stocks fall 4.09 million barrels Production hits four-week low Delta variant spread presents headwinds Crude oil futures settled higher July 28 on the heels of a US Energy Information Administration report showing lower US production and tightening supply. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now NYMEX September WTI settled up 74 cents at $72.39/b and ICE September Brent climbed 26 cents to $74.74/b. Total US commercial crude oil stockpiles contracted 4.09 million barrels to 435.6 million barrels in the week ended July 23, EIA data showed, pushing inventories 7.1% behind the five-year average. Total US crude production was down 200,000 b/d at 11.2 million b/d, a four-week low, but the decline was largely offset by a 130,000 b/d slide in total refinery net crude inputs, which were the weakest since May at 15.88 million b/d. Still, the EIA report […]