US EIA crude oil stocks rise by 6.2M in March, 7th week
Commercial crude oil inventories in the US, excluding those on the Strategic Petroleum Reserve, have increased by 6.2 million in the week of March, 7 from the previous week, according to the Energy Information Administration.
The US crude oil inventories amount 311.6 million barrels, a level in the medium of the average range of this time of the year. Motor gasoline inventories have increased by 1.7 million barrels, while distillate oil inventories have decreased by 1.2 million barrels, and Propane/propylene inventories decreased by 1.3 million.
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