Crude Inventories (March 2011)

Crude inventories increased by 1.7 million barrels, for the week ending March 11, from the previous week to 350.6 million barrels and were above the upper limit of the average range for that time of year. U.S. crude oil refinery inputs averaged nearly 14.2 million barrels per day during this period, 239 thousand barrels per day above the previous week’s average. U.S. crude oil imports were averaging 8.7 million barrels per day, up by 381 thousand barrels per day from the previous week.

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