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• API Report Build in Crude Oil Inventories
  The American Petroleum Institute (API) on Tuesday showed a 1.155 million barrel build bringing...
  The American Petroleum Institute (API) on Tuesday showed a 1.155 million barrel build bringing the total gains this year to a staggering 56 million barrels.
  
  While crude oil saw a build, it was the only build this week, with product inventories falling.
  
  Gasoline inventories fell by 4.587 million barrels after last week’s data showed the fuel inventories rose by 1.840 million barrels. Distillates fell by 2.886 million barrels after increasing by 1.927 million bpd in the week prior.
  
  Inventories at Cushing, Oklahoma, decreased by 946,000 barrels more than undoing the 24,000 barrel hike reported last week.
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• Closing Oil & Gas Prices for Tuesday
  Benchmark U.S. crude oil for April delivery fell...
  Benchmark U.S. crude oil for April delivery fell $3.47 to $71.33 a barrel Tuesday. Brent crude for May delivery fell $3.32 to $77.45 a barrel.
  
  Wholesale gasoline for April delivery fell 4 cents to $2.55 a gallon. April heating oil fell 5 cents to $2.71 a gallon. April natural gas fell 4 cents to $2.57 per 1,000 cubic feet.
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• Dow snaps 5-day losing streak, S&P 500 gains 1.7% as regional banks rally
  Stocks ended sharply higher, but only after a choppy round of...
  Stocks ended sharply higher, but only after a choppy round of afternoon trading that saw the Dow Jones Industrial Average dip into negative territory.
  
  Stocks were lifted as bank shares clawed back a chunk of the ground lost amid the collapse of Silicon Valley Bank. First Republic Bank, which plunged nearly 75% on Monday, bounced back by around 28% in Tuesday's session, while the SPDR S&P Regional Banking ETF rose 2.2%.
  
  
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• Russian Warplane Collides With U.S. Drone Over Black Sea
  A Russian warplane on Tuesday intercepted a U.S....

  A Russian warplane on Tuesday intercepted a U.S. surveillance drone over the Black Sea, striking the drone’s propeller and forcing it down in international waters, according to U.S. European Command, which called the incident “unsafe and unprofessional.”

  
  

  The collision occurred at around 8:03 a.m. Central European Time and involved two Russian Su-27 fighter jets and an MQ-9 Reaper drone, the statement said. One of the Russian fighters struck the propeller of the drone, it said.

  
  
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• Dow industrials up more than 450 points as financial-sector stocks stabilize
  U.S. stocks extended sharp gains Tuesday morning after February...
  U.S. stocks extended sharp gains Tuesday morning after February inflation data matched estimates and suggested pressure on prices continued to cool. The numbers could allay Wall Street's worries about steeper upcoming interest rate hikes from the Federal Reserve at a time when the banking sector is regaining its footing following the collapse of two regional banks.
  

  
  
  • The S&P 500 SPX, 2.04% rose 72 points, or 1.8%, to 3,928
  
  
  • The Dow Jones Industrial Average DJIA, 1.47% added 420 points, or 1.3%, to 32,239
  
  
  • The Nasdaq Composite COMP, 2.40% climbed 232 points, or 2%, to 11,421
  
  
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