US Crude Oil Inventories Surges More-Than-Expected

US crude oil inventories rose by 10.263 million barrels in the week ended March 27th 2026 the most in many weeks following a 2.3 million barrel increase in the previous week and compared to expectations of a 1.3 million barrel decline. Meanwhile gasoline inventories fell by 3.209 million barrels reversing a 500,000 barrel increase in the previous period. Distillate stockpiles which include diesel and heating oil decreased by 1.04 million barrels following a 1.4 million barrel gain in the previous period.

US crude oil inventories increased by 2.3 million barrels in the week ended March 20th, 2026, building on a 6.6 million-barrel rise in the previous week and compared to expectations of a 1.3 million barrel decline.

US crude oil inventories rose by 6.6 million barrels in the week ended March 13th, 2026, the most in three weeks, reversing a 1.7 million-barrel drop in the previous week and compared to expectations of a 0.6 million barrel decline. Meanwhile, gasoline inventories fell by 4.56 million barrels, the fifth week of declines and the biggest drawdown since late October. Distillate stockpiles, which include diesel and heating oil, decreased by 1.39 million barrels, following a 2.3 million barrels drop in the previous period.