U.S. crude stockpiles rose 6M barrels last week, API says

imaginima/E+ via Getty Images The American Petroleum Institute reportedly shows a build of 6.03M barrels of oil in U.S.

commercial stockpiles for the week ending March 28. Gasoline inventories reportedly show a draw of 1.63M barrels for the week and distillate inventories show a draw of ~11K barrels.



WTI May crude oil ( CL1:COM ) recently traded at $71.20/bbl after also settling Tuesday at $71.20/bbl.

ETF: ( NYSEARCA: USO ) More on crude oil Is The Recent Oil Price Collapse Just The Beginning? Oil Update - March 2025 Short-Term Energy Outlook, March 2025.