US crude inventory draws extended during the week ended Aug. 7, amid a down turn in production and rising exports, US Energy Information Administration data showed Aug. 12. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Commercial crude inventories dipped 4.51 million barrels to 513.08 million barrels last week, EIA data showed, putting them 15% above the five-year average for this time of year. The draw was realized mainly on the US Gulf Coast, where stocks fell 6.71 million barrels to 281.42 million barrels, but US Atlantic Coast inventories were also down 940,000 barrels on the week at 11.04 million barrels. Midwest crude stocks, in contrast, jumped 2.17 million barrels to 142.39 million barrels, including a 1.34 million-barrel increase […]