{"id":1667429,"date":"2026-03-04T15:48:46","date_gmt":"2026-03-04T20:48:46","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1667429"},"modified":"2026-03-04T15:48:46","modified_gmt":"2026-03-04T20:48:46","slug":"crude-stocks-rise-3-5-million-highest-since-may-2025","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/crude-stocks-rise-3-5-million-highest-since-may-2025\/1667429\/","title":{"rendered":"Crude Stocks Rise 3.5 Million, Highest Since May 2025"},"content":{"rendered":"<p><span class=\"field field--name-title field--type-string field--label-hidden\">Crude Stocks Rise 3.5 Million, Highest Since May 2025<\/span><\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p>With oil flows passing through the Straits of Hormuz blocked indefinitely, markets were paying especially close attention to today&#8217;s weekly DOE report on oil stocks, to see how much capacity the US has in case of a prolonged lockout. The result was satisfactory.\u00a0<\/p>\n<p>The DOE reported the following weekly changes:<\/p>\n<p>Crude +3.475MM, more than the expected +3.00MM, and <strong>the highest since May 2025<\/strong><br \/>\n\tGasoline -1.704MM, down to the <strong>lowest since Jan 9, 2026<\/strong><br \/>\n\tDistillates +429K, <strong>biggest increase since Jan 2026<\/strong><br \/>\n\tCushing +1.6MM, <strong>rising to the highest since Aug 23, 2024.\u00a0<\/strong><\/p>\n<p>Visually:<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/DOE%20breakdown.jpg?itok=MaiVHG89\"><\/a><\/p>\n<p>Also notable: production dipped modestly by -6kbd to 13.696MMb\/d, yet the total US output remains remarkable especially when considering the sharp drop in wells in recent years.<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/production%20vs%20risk.jpg?itok=bZdg9ixu\"><\/a><\/p>\n<p>Finally, while still relatively low, Cushing stocks continue to rise, and this week&#8217;s 1.6 million barrel increase to 26.5 million pushes them to the highest since August 2024.<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/cushing%20stocks_0.jpg?itok=KZbIm3Ls\"><\/a><\/p>\n<p>Overall, this was a welcome report as it showed that not only is US oil production humming along, but US commercial stocks continue to increase and in a worst case scenario of prolonged Hormuz closure, the US can remain relatively energy independent, even if Asia and especially China and Korea scramble to find alternatives to Gulf energy.\u00a0<\/p>\n<p>\u00a0<\/p>\n<\/div>\n<p>      <span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a title=\"View user profile.\" href=\"https:\/\/cms.zerohedge.com\/users\/tyler-durden\" class=\"username\">Tyler Durden<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">Wed, 03\/04\/2026 &#8211; 10:48<\/span><\/p>\n<p>\u200b<a href=\"https:\/\/www.zerohedge.com\/commodities\/crude-stocks-rise-35-million-highest-may-2025\" target=\"_blank\" class=\"\">https:\/\/www.zerohedge.com\/commodities\/crude-stocks-rise-35-million-highest-may-2025<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crude Stocks Rise 3.5 Million, Highest Since May 2025 With oil flows passing through the Straits of Hormuz blocked indefinitely, markets were paying especially close&#8230;<\/p>\n","protected":false},"author":0,"featured_media":1667430,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1667429","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1667429","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1667429"}],"version-history":[{"count":1,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1667429\/revisions"}],"predecessor-version":[{"id":1667459,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1667429\/revisions\/1667459"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1667430"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1667429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1667429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1667429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}