Oil tanks
US crude oil inventories increased more than expected during the week ended March 7.
Data from the US Energy Information Administration (EIA) released today, March 12, showed that commercial crude oil inventories rose by 1.4 million barrels last week, exceeding expectations of a 1.2-million-barrel increase.
Meanwhile, gasoline inventories declined by 5.7 million barrels, while distillate stockpiles – including diesel and heating oil – fell by 1.6 million barrels.
Crude Oil Petroleum Product Inventories in the US (mln barrels)
Item
One Year Ago
One Week Ago
Current
Weekly Change
Crude Oil
447.0
433.8
435.2
+1.4
Gasoline
234.1
246.8
241.1
(5.7)
Distillates
117.9
119.2
117.6
(1.6)
Oil tanks
US crude oil inventories increased more than expected during the week ended March 7.
Data from the US Energy Information Administration (EIA) released today, March 12, showed that commercial crude oil inventories rose by 1.4 million barrels last week, exceeding expectations of a 1.2-million-barrel increase.
Meanwhile, gasoline inventories declined by 5.7 million barrels, while distillate stockpiles – including diesel and heating oil – fell by 1.6 million barrels.
Crude Oil Petroleum Product Inventories in the US (mln barrels)
Item
One Year Ago
One Week Ago
Current
Weekly Change
Crude Oil
447.0
433.8
435.2
+1.4
Gasoline
234.1
246.8
241.1
(5.7)
Distillates
117.9
119.2
117.6
(1.6)

