Highlights Commercial crude stocks expected down 2.5 million barrels Refinery utilization likely up 0.8 point Gasoline, distillate stock draws likely extend US crude oil inventory draws likely resumed in the week ended July 23 amid an expected uptick in refinery runs and stronger exports, an S&P Global Platts analysis showed July 26. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Total commercial crude oil stocks likely declined around 2.5 million barrels to 437.2 million barrels last week, analysts surveyed by Platts said, more than erasing a 2.11 million-barrel build seen the week prior and leaving inventories at the lowest since the week ended Jan. 31, 2020. The expected draw is still less than is typically seen during this time of year, however, and would narrow the deficit to the five-year average of US Energy Information Administration data to 6.8% from 7.1% seen during […]