05:34 AM EDT, 05/28/2025 (MT Newswires) -- U.S. crude oil inventories are expected to have gained 2.4 million barrels in the week ended May 23, building on to a 1.3-million-barrel increase in the previous week, Macquarie said in a Tuesday note.

Net imports are forecast to risen, with exports up 0.2 million barrels per day and imports up 0.8 million b/d, Macquarie said. Implied domestic supply is projected to have edged lower by 0.3 million b/d. Strategic petroleum reserve stocks are also expected to have gained 0.8 million barrels.

Gasoline stocks are forecast to have declined by 0.5 million barrels, while distillate and jet fuel stockpiles are projected to have increased by 0.7 million barrels and 0.6 million barrels, respectively. Implied demand for these products are forecast at 14.5 million b/d, Macquarie noted.

The U.S. Energy Information Administration is scheduled to release its weekly petroleum market report on Wednesday.