US EIA weekly crude oil inventories -913K vs +154K expected

  • Prior was +3081K
  • Gasoline vs -2077K expected
  • Distillates vs -2437K expected

The Weekly Petroleum Status Report (WPSR), published by the U.S. Energy Information Administration, is one of the most closely watched energy data releases in the world. Issued every Wednesday, the report provides a comprehensive snapshot of the U.S. petroleum balance sheet, covering crude oil and refined product inventories, refinery inputs and utilization rates, domestic production, imports, exports, and product supplied — a proxy for demand. The data are collected from refiners, pipeline operators, bulk terminal operators, and other industry participants, and are widely used by traders, analysts, and policymakers to gauge the supply-demand balance in oil markets.

In the report for the week ending April 3, 2026, U.S. commercial crude oil inventories rose by 3.1 million barrels to 464.7 million barrels, well above the market expectation for a build of roughly 700,000 barrels. At that level, crude stocks sat about 2% above the five-year average for the time of year — a notable shift from earlier in March, when they were running slightly below average. The build came amid a string of weekly inventory increases, with crude stocks rising by 6.2 million, 6.9 million, 5.5 million, and 3.1 million barrels in successive weeks from mid-March through early April, reflecting a combination of softer refinery runs and elevated imports.

On the products side, gasoline inventories fell by 1.6 million barrels to 239.3 million barrels, while distillate stocks dropped 3.1 million barrels to 114.7 million barrels

US EIA weekly crude oil inventories -913K vs +154K expected

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