Weekly Petroleum Status Report: Week of March 7th

Wed, Mar 12, 2025 · 10:00 AM ET Next release · Nov 11, 10:30 AM ET

Crude oil stocks increased 1.4 mil bbls, short of the expected inventory build of 2.0 million bbls. Crude oil stocks are up 2.8% YoY.

  • Gas stocks fell -5.7 mil bbls, a much larger draw than the -2.0 mil bbls that was expected. Gas stocks are still up 3.0% YoY.
  • Domestic production at 13.6 mil b/d was revised up 69k b/d in the EIA’s STEO review of production data fell -2k b/d over the week. The 4-week average is up 2.2% YoY.
  • Net imports increased 503k b/d to 2.18 mil b/d, and the 4-week average was down -15.1% YoY.
  • Refinery inputs increased 321k b/d to 15.1 mil b/d, and the 4-week average was up 3.4% YoY.
  • Total products supplied surged 1.1 mil b/d to 21.6 mil b/d, and the 4-week average was up 3.9% YoY.