Highlights US crude stocks climb 3.63 million barrels Exports fall to 12-week low ADP shows weaker-than-expected US July jobs growth Crude oil futures extended decline Aug. 4 on the heels of an unexpected build in US crude inventories. NYMEX September WTI settled down $2.41 at $68.15/b Aug. 4, and ICE October Brent declined $2.03 to $70.38/b. Total US commercial crude oil stocks climbed 3.63 million barrels to 439.23 million barrels in the week ended July 30, US Energy Information Administration data showed Aug. 4. The build narrowed the deficit to the five-year average to around 6%, the smallest since the week ended June 18. The build came as a surprise to markets that were largely expecting US inventories to continue a tightening trend. American Petroleum Institute data released late-Aug. 3 showed a US crude draw of […]