US crude inventories see a 5.9 million-barrel build as exports slow: EIA

US crude oil inventories climbed the week ended July 7, supported by a slowdown in exports, US Energy Information Administration data showed July 12. Crude inventories increased 5.9 million barrels to 458 million barrels, counter to analysts’ expectations of a 1 million-barrel draw. The US Gulf Coast accounted for most of the build, with inventories in the region climbing 7.9…