US EIA Weekly Crude Oil Stockpile Registers Largest Decline Since July 2023

BlockBeats News, April 1st, U.S. EIA Crude Oil Inventories for the week ending March 27th came in at 5.451 million barrels, expectation was 0.814 million barrels, previous value was 6.926 million barrels. U.S. EIA Strategic Petroleum Reserve Inventories for the week ending March 27th decreased by 0.378 million barrels, previous value was 0 million barrels.

The drop in U.S. EIA Strategic Petroleum Reserve Inventories for the week ending March 27th recorded the largest since the week of July 7, 2023, excluding the commercial crude oil inventories from the strategic reserve, which are the highest since the week of June 16, 2023. (Golden Finance)