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U.S. Crude Oil Inventories

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U.S. Crude Oil Inventories

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Latest Release
Nov 20, 2024
Actual
0.545M
Forecast
0.400M
Previous
2.089M
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
Nov 27, 2024 10:30     0.545M
Nov 20, 2024 10:30 0.545M 0.400M 2.089M
Nov 14, 2024 11:00 2.089M 0.400M 2.149M
Nov 06, 2024 10:30 2.149M 0.300M -0.515M
Oct 30, 2024 09:30 -0.515M 1.500M 5.474M
Oct 23, 2024 09:30 5.474M 0.800M -2.191M

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