Crude inventories increased by 1.0 million barrels, for the week ending March 12, from the previous week to 344.0 million barrels and were above the upper limit of the average range for that time of year. U.S. crude oil refinery inputs averaged 13.9 million barrels per day during this period, 15 thousand barrels per day above the previous week’s average. U.S. crude oil imports were averaging 8.4 million barrels per day, down 64 thousand barrels per day from the previous week.
Upcoming Releases
CPI (03/18 at 8:30 AM EST)
Initial Claims (03/18 at 8:30 AM EST)
Leading Indicators (03/18 at 10:00 AM EST)
Existing Home Sales (03/23 at 10:00 AM EST)
