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U.S. Crude Oil Inventories

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U.S. Crude Oil Inventories

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Latest Release
Feb 21, 2019
Actual
3.672M
Forecast
3.080M
Previous
3.633M
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 27, 2019 10:30      
Feb 21, 2019 11:00 3.672M 3.080M 3.633M
Feb 13, 2019 10:30 3.633M 2.668M 1.263M
Feb 06, 2019 10:30 1.263M 2.179M 0.919M
Jan 30, 2019 10:30 0.919M 3.100M 7.970M
Jan 24, 2019 11:00 7.970M -0.042M -2.683M

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Analysis

Crude Oil Inventories Discussion

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