A lmost 400 million barrels of oil are currently sitting in dozens of deep underground caverns in the Deep South of the US.

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, surged by 6.2 million barrels from the previous week to 439.8 million barrels, about 4 percent below the five ...

US crude oil inventories for the week ended Mar. 28 increased by 6.2 million bbl from the previous week, according to US EIA data.

U.S. crude oil inventories increased by 6.2 million barrels last week as imports rose and refineries reduced their capacity ...