US crude stockpiles rise for third straight week: EIA

19/03/2025 Argaam
Oil tanks

Oil tanks

US crude oil inventories increased for the third consecutive week, data released by the Energy Information Administration (EIA) on March 19 showed.

 

Commercial crude inventories rose by 1.7 million barrels in the week ended March 14, well above expectations of a 500,000-barrel rise.

 

Meanwhile, gasoline inventories declined by 500,000 barrels, with distillate stocks—including diesel and heating oil—decreasing by 2.8 million barrels.

 

US Crude & Derivative Inventories (mln barrels)

Item

Last Year

Last Week

Current

Weekly Change

Crude Oil

445.0

435.2

437.0

+1.7

Gasoline

230.8

241.1

240.6

(0.5)

Distillates

118.5

117.6

114.8

(2.8)

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