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U.S. Crude Oil Stocks Likely Rose 4.6 Million Barrels in Week Ended April 3, Macquarie Says
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U.S. Crude Oil Stocks Likely Rose 4.6 Million Barrels in Week Ended April 3, Macquarie Says
Apr 7, 2026 3:31 AM

06:06 AM EDT, 04/07/2026 (MT Newswires) -- U.S. crude oil inventories are forecast to have gained 4.6 million barrels in the week ended April 3, adding to a build of 5.5 MM BBL in the prior week, Macquarie said in a Monday note

Crude runs from refineries are expected to have declined 0.3 million barrels per day, Macquarie said. Net imports are forecast to have increased, with exports up 0.6 MBD and imports down 0.4 MBD.

Implied domestic supply is projected to have risen 0.4 MBD. Strategic petroleum reserves are expected to have decreased by 1.8 million barrels, according to Macquarie.

Gasoline stockpiles are forecast to have fallen 3.2 million barrels, while distillate inventories are projected to have dropped 4.1 million barrels. Jet stocks are expected to have recorded a minimal decline. Implied demand for these three products are projected at 14.5 million barrels per day, Macquarie said.

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