EIA原油周度数据报告-20260326

Report Information - Report Name: EIA Crude Oil Weekly Data Report [1] - Company: Green Dahua Futures Co., Ltd. - Date: March 26, 2026 - Researcher: Wang Chen [1] -从业资格: F03104620 - 交易咨询资格: Z0021310 - Contact: wangchen@greendh.com Industry Investment Rating - Not provided Core Viewpoints - The total daily average demand for refined oil products in the US in the four weeks ending March 20 was 20.678 million barrels, 2.4% higher than the same period last year; the four - week average daily demand for motor gasoline was 8.796 million barrels, 0.9% lower than the same period last year; the four - week average daily demand for distillate oil was 392,000 barrels, 1.3% higher than the same period last year; the four - week average daily demand for kerosene - type aviation fuel was 2.8% lower than the same period last year [2] - US crude oil inventories continued to accumulate more than expected, and the US released continuous negotiation signals, causing oil prices to fall below $100 per barrel. However, the US is still deploying troops to the Middle East, and Iran has refused to negotiate [2] - The Strait of Hormuz has been blocked for 26 days. With full storage tanks and blocked exports due to conflicts, Iraq's oil production has further declined, with the crude oil production in its southern oilfields dropping by about 80% to about 800,000 barrels per day. The International Energy Agency analyzed that even if the Strait of Hormuz resumes passage, it may take six months for the Gulf's oil and gas supply to fully recover [2] - Pay attention to the military actions of the US, Israel, and Iran in the near future. If power facilities are involved or there are ground operations on Kharg Island, oil prices may rise significantly; if it remains at the stage of verbal confrontation, oil prices are expected to fluctuate at a high level, with a support level below $95 per barrel. It is recommended to wait and see or conduct short - term operations [2] Data Summary Inventory Data - US commercial crude oil inventory as of March 20, 2026, was 456,185 thousand barrels, an increase of 6,926 thousand barrels (1.54%) from March 13 [3] - Cushing crude oil inventory as of March 20, 2026, was 30,945 thousand barrels, an increase of 3,421 thousand barrels (12.43%) from March 13 [3] - US gasoline inventory as of March 20, 2026, was 241,447 thousand barrels, a decrease of 2,593 thousand barrels (-1.06%) from March 13 [3] - US distillate oil inventory as of March 20, 2026, was 119,936 thousand barrels, an increase of 3,032 thousand barrels (2.59%) from March 13 [3] - US total oil product inventory as of March 20, 2026, was 1,275,705 thousand barrels, an increase of 8,334 thousand barrels (0.66%) from March 13 [3] - US strategic petroleum reserve inventory as of March 20, 2026, was 415,442 thousand barrels, unchanged from March 13 [3] Production and Trade Data - US refinery utilization rate as of March 20, 2026, was 92.9%, an increase of 1.5 percentage points (1.64%) from March 13 [3] - US crude oil production as of March 20, 2026, was 13,657 thousand barrels per day, a decrease of 11 thousand barrels per day (-0.08%) from March 13 [3] - US crude oil imports as of March 20, 2026, were 6,464 thousand barrels per day, a decrease of 730 thousand barrels per day (-10.15%) from March 13 [3] - US crude oil exports as of March 20, 2026, were 3,322 thousand barrels per day, a decrease of 1,576 thousand barrels per day (-32.18%) from March 13 [3]