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U.S. crude stocks build well above expectations

March 27, 20139:51 AM BOE Report Staff

U.S. commercial crude oil inventories increased by 3.3 million barrels from the previous week, well above the expected draw of ~1 million barrels. Total crude oil stocks of 385.9 million barrels are well above the upper limit of the average range for this time of year. Total commercial petroleum inventories decreased by 1.9 million barrels last week.

[table] [attr style=”width: 25%”]March 22`[attr style=”width: 25%”]March 15`[attr style=”width: 25%”]Change`[attr style=”width: 25%”]% Change
385,900`382,600`+3,300`+0.8%
[/table]

Crude Oil Inventory 5 year

Crude Oil Inventory historical

Source: EIA

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