Modest draws, flat demand, and diesel back in focus

U.

S. commercial crude inventories posted a marginal draw last week, falling by 0.

6 million barrels to 414.

8 million barrels.

Inventories remain 4% below the five-year seasonal average, but the draw is far smaller than last week’s massive 9.

3-million-barrel decline.

Higher crude imports (+803,000 bl d WoW) and steady refinery runs (93% utilization) helped keep the.