US Gulf Coast crude oil inventories at near two-year high, EIA says
ReutersMar 11, 2026 3:16 PM
NEW YORK, March 11 (Reuters) - U.S. Gulf Coast crude oil inventories rose last week to the highest level in nearly two years, the Energy Information Administration (EIA) said on Wednesday.
Crude oil stocks at the Gulf Coast rose by 6.91 million barrels to 257.35 million barrels, their highest since June 2024.
In the Midwest, crude oil inventories climbed by 756,000 barrels to 109.04 million barrels, their highest since February 2025.
Crude stocks at the Cushing, Oklahoma, delivery hub increased by 117,000 barrels to 26.58 million barrels, their highest since August 2024.
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