US Crude Stocks Rise Sharply

2026-03-11 14:55 By Joana Ferreira 1 min. read

US crude inventories increased by 3.824 million barrels to 443.1 million for the week ending March 6, 2026, surpassing forecasts of a 1.1 million-barrel rise and marking the third consecutive weekly increase.

At the Cushing, Oklahoma delivery hub, crude stocks climbed by 117,000 barrels.

Refinery activity picked up, with crude runs rising 328,000 barrels per day and utilization rates increasing 1.6 percentage points to 90.8%.

Distillate inventories, including diesel and heating oil, fell by 1.3 million barrels to 119.4 million, steeper than the expected 0.7 million-barrel drop.

US gasoline stocks also declined by 3.7 million barrels to 249.5 million, exceeding the anticipated 2.6 million-barrel decrease.



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