US oil inventories post 3.8M-barrel increase: EIA

11/03/2026 Argaam

US crude oil inventories increased at a higher-than-predicted pace to reach 3.8 million barrels in the week ended March 6.

 

According to a report released by the Energy Information Administration (EIA), this exceeded forecasts for a 1.1-million-barrel hike in crude stockpiles.

 

US Crude & Derivatives Inventories (mln barrels)

Item

Last Year

Last Week

Current

Weekly Change

Crude Oil  

435.2

439.3

443.1

+3.8

Gasoline  

241.1

253.1

249.5

(3.7)

Distillates  

117.6

120.8

119.4

(1.3)

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