US crude stocks see largest draw since July as exports surge, imports slow

MOSCOW (MRC) -- US crude oil inventories moved sharply lower during the week ended Jan. 22 as exports surged and imports tested multimonth lows, reported S&P Global with reference to US Energy Information Administration data Jan. 27.US commercial crude inventories declined 9.91 million barrels during the week ended Jan. 22 to a 10-month low of 476.65 million barrels, according to EIA data

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