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Energy Preview: API data shows US crude oil inventories rose by 6 million barrels
02-Apr-2025 08:15

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 6.037 million barrels for the week ending March 28, after a 4.6 million barrel drop in the prior week. So far this year, crude oil inventories have climbed nearly 23 million barrels. Gasoline inventories fell in the week ending March 28, by 1.628 million barrels, after falling by 3.3 million barrels in the week prior. Distillate inventories also fell by 11,000 barrels in the latest week. In the week prior, distillate inventories fell by 1.3 million barrels.

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