U.S. Crude Oil Inventories Post Unexpected 10-Million-Barrel Surge Introduction U.S. commercial crude oil inventories surged by an unexpected 10.2 million barrels for the week ending March 27, according to data from the Energy Information Administration (EIA) [1]. This increase, reported on March 30, 2026, sharply contrasted with analyst expectations of a drawdown and contributed to downward pressure on near-term oil prices. The build occurred amid a period of heightened geopolitical instability in the Middle East and as domestic production held steady at historically high levels. Weekly Data Shows Significant Inventory Build The EIA’s weekly petroleum status report showed commercial crude…
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