EIA: U.S. Crude Stocks Rise to Highest Since May 2025


   
Miguel E. Andujar
DTN Refined Fuels Market Reporter

   DAVENPORT, FL (DTN) --- U.S. commercial crude oil stocks extended their rise 
during the week ended March 6, while gasoline, distillate and jet fuel 
inventories declined, Energy Information Administration (EIA) data showed 
Wednesday (3/11).

   Crude stocks climbed by 3.8 million bbl to 443.1 million bbl during the 
reference week , the EIA Weekly Petroleum Status Report showed, extending the 
increase from previous week. The latest level marks the highest crude inventory 
since the week ended May 16, 2025, when stocks stood at 443.2 million bbl, or 
nearly a 10-month high. Compared with the same week last year, crude stocks 
were 7.9 million bbl higher. 

   Last week's crude stock rise was accompanied by a 100,000 bbl build at the 
Cushing, Oklahoma delivery point for NYMEX West Texas Intermediate futures.

   Distillate fuel oil inventories fell by 1.3 million bbl to 119.4 million bbl 
on a weekly basis and were 1.8 million bbl higher than the same week last year. 

   Jet fuel stocks slipped by 800,000 bbl to 41.2 million bbl and were 900,000 
bbl lower than the same week previous year and was below the 44.1 million bbl 
reported in the same week last year, the EIA said. 

   Total motor gasoline inventories extended their decline, falling by 3.7 
million bbl to 249.5 million bbl last week. Compared with the same week last 
year, gasoline stocks were 8.4 million bbl higher. 

   Blending components for gasoline tumbled by 3.3 million bbl to 235.2 million 
bbl, and were higher than the 226.4 million reported year-over-year. 
Conventional gasoline stocks reported a weekly fall of 400,000 bbl to 14.3 
million bbl.

   Refinery utilization rebounded to 90.8% last week from 89.2% of operable 
capacity reported the prior week, the EIA data showed.

   Crude oil inputs into refineries averaged 16.17 million bpd during the week 
ended March 6, up from 15.84 million bpd reported a week-ago and above 15.937 
million seen in the same week last year.

   Crude oil exports averaged 3.43 million bpd in the profiled week, 563,000 
bpd down from the previous week.

   During the profiled week, crude imports averaged 6.42 million bpd a 98,000 
bpd increase from last week and lower than 5.47 million bpd recorded in the 
same period of 2025.. 

   Total products supplied over the last four weeks averaged 20.916 million 
bpd, up 2.0% from the same period a year earlier. Gasoline demand averaged 
8.480 million bpd, down 0.1% from the same period last year, while distillate 
demand averaged 4.081 million bpd, lower by 0.3% from the same period last 
year, the EIA stated.




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