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U.S. Crude Oil Stocks Likely Rose 5.8 Million Barrels in Week Ended March 20, Macquarie Says
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U.S. Crude Oil Stocks Likely Rose 5.8 Million Barrels in Week Ended March 20, Macquarie Says
Mar 24, 2026 3:31 AM

06:04 AM EDT, 03/24/2026 (MT Newswires) -- U.S. crude oil inventories are forecast to have gained 5.8 million barrels in the week ended March 20, adding to a build of 6.2 MM BBL in the prior week, Macquarie said in a Monday note.

Crude runs at refineries are expected to have increased 0.1 million barrels per day. Net imports are projected to have posted a moderate increase, with exports down 0.8 MBD and imports down 0.3 MBD, Macquarie said.

Implied domestic supply is expected to have declined 0.4 MBD. Strategic petroleum reserve stocks are again expected to remain unchanged, according to Macquarie.

Gasoline stocks are forecast to have fallen 3.3 MM BBL. Distillate stocks are forecast to have decreased 0.4 MM BBL and jet fuel inventories are expected to have declined 0.3 MM BBL, Macquarie said. Implied demand for these three products are projected at 14.5 MBD.

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