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U.S. Commercial Crude Oil Stocks Surge 6.2 Million Barrels

The EIA reports an unexpected rise of 6.2 million barrels in commercial crude oil reserves for the week ending March 13, defying expectations for a 1.5 million barrel decline.

U.S. Commercial Crude Oil Stocks Surge 6.2 Million Barrels

CountriesÉtats-Unis
CompaniesBloomberg
SectorPétrole, Exploration production, Raffinage
ThemeAnalyse sectorielle

The U.S. Energy Information Administration (EIA) released its weekly crude oil inventory data on Wednesday. For the week ending March 13, commercial reserves rose by 6.2 million barrels, contrary to market expectations. The Bloomberg consensus had instead anticipated a decline of approximately 1.5 million barrels.

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Pétrole