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U.S. Crude Oil Inventories

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U.S. Crude Oil Inventories

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Status

 
Latest Release
Feb 13, 2019
Actual
3.633M
Forecast
2.668M
Previous
1.263M
The Energy Information Administration's (EIA) Crude Oil Inventories measures the weekly change in the number of barrels of commercial crude oil held by US firms. The level of inventories influences the price of petroleum products, which can have an impact on inflation.

If the increase in crude inventories is more than expected, it implies weaker demand and is bearish for crude prices. The same can be said if a decline in inventories is less than expected.
If the increase in crude is less than expected, it implies greater demand and is bullish for crude prices. The same can be said if a decline in inventories is more than expected.
Importance:
Country:
Currency: USD
Source: Energy Information Administrat...
U.S. Crude Oil Inventories
 
Release Date Time Actual Forecast Previous
Feb 22, 2019 03:00   3.100M 3.633M
Feb 14, 2019 02:30 3.633M 2.668M 1.263M
Feb 07, 2019 02:30 1.263M 2.179M 0.919M
Jan 31, 2019 02:30 0.919M 3.100M 7.970M
Jan 25, 2019 03:00 7.970M -0.042M -2.683M
Jan 17, 2019 02:30 -2.683M -1.323M -1.680M

News

Crude Oil Prices - Weekly Outlook: Feb. 18 - 22
Crude Oil Prices - Weekly Outlook: Feb. 18 - 22 By Investing.com - Feb 17, 2019

Investing.com - Oil traders will continue to monitor global crude supplies and the outlook for energy demand in the week ahead amid indications that OPEC-led output cuts have helped tighten an...

Crude Oil Prices - Weekly Outlook: Feb. 11 - 15
Crude Oil Prices - Weekly Outlook: Feb. 11 - 15 By Investing.com - Feb 10, 2019

Investing.com - Worries about a broadening global economic slowdown which could threaten demand for crude are likely to have the biggest impact on oil markets in the week ahead. Oil traders will also...

Crude Oil Prices - Weekly Outlook: Feb. 4 - 8
Crude Oil Prices - Weekly Outlook: Feb. 4 - 8 By Investing.com - Feb 03, 2019

Investing.com - Oil traders will continue to monitor global crude supplies and the outlook for energy demand in the week ahead. Futures rallied around 3% on Friday on signs that U.S. sanctions on...

Analysis

Crude Oil Inventories Discussion

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