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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 15, 2017
Actual
1.854M
Forecast
-2.200M
Previous
2.237M
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 22, 2017 10:30   -2.200M 1.854M
Nov 15, 2017 10:30 1.854M -2.200M 2.237M
Nov 08, 2017 10:30 2.237M -2.876M -2.435M
Nov 01, 2017 09:30 -2.435M -1.756M 0.856M
Oct 25, 2017 09:30 0.856M -2.578M -5.731M
Oct 18, 2017 09:30 -5.731M -4.242M -2.747M

News

Crude Oil Prices Bounce Back But Upside Limited
Crude Oil Prices Bounce Back But Upside Limited By Investing.com - 7 hours ago

Investing.com - Crude oil prices bounced higher on Friday, as investors digested news earlier in the week of another increase in U.S. stockpiles amid growing hopes that global oil producers will agree...

Crude Oil Still Under Pressure on U.S. Stockpile Rise
Crude Oil Still Under Pressure on U.S. Stockpile Rise By Investing.com - Nov 16, 2017

Investing.com - Crude oil prices remained under pressure on Thursday, as news of an unexpected increase in U.S. crude inventories overshadowed hopes that oil producers will extend their deal to reduce...

Analysis

Crude Oil Inventories Discussion

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