Commercial Crude Stocks in USA In late July Eric Nuttall stated that we could expect very large draws in commercial crude stocks in the US during August. I looked at the Weekly petroleum reports for the 5 week period July 21 to Aug 30. Commercial Crudes stocks went fro 457 MBbls in the Jul 21 report to 423 MBbls in the Aug 30 report. US draws from Commercial crude stocks averaged 6.8 MBbls/week over the 5 week period. Pretty consistent and strong draws over the 5 weeks and It looks like Eric called it correctly. If it keeps on like this, it will be difficult for oil price to be held down to lower prices for very long IMO.