U.S. API Distillate Stocks Rise by 1.393 Million Barrels

According to Jin10, the American Petroleum Institute (API) reported an increase in U.S. distillate inventories for the week ending March 20. The stocks rose by 1.393 million barrels, contrasting with the expected decrease of 1.4 million barrels. The previous week's data showed a decline of 1.394 million barrels. This unexpected rise in distillate stocks may influence market dynamics and energy prices.