US weekly crude oil inventories +784K vs +3000K expected

US crude oil inventories for the week ending Feb 28

  • Prior was +452K
  • Gasoline -4336K vs -1871K exp
  • Distillates -4008K vs -2000K exp
  • Cushing -1971K
  • Production +13.1mbpd vs +13.0 mbd prior

API numbers late yesterday:

  • Crude +1700K
  • Gasoline -3900K
  • Distillates -1700K

Best in 2026

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