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U.S. Crude Oil Inventories

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U.S. Crude Oil Inventories

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Delivery Method

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Status

 
Latest Release
Apr 10, 2024
Actual
5.841M
Forecast
0.900M
Previous
3.210M
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
Apr 17, 2024 22:30     5.841M
Apr 10, 2024 22:30 5.841M 0.900M 3.210M
Apr 03, 2024 22:30 3.210M -0.300M 3.165M
Mar 27, 2024 22:30 3.165M -0.700M -1.952M
Mar 20, 2024 22:30 -1.952M -0.900M -1.536M
Mar 13, 2024 22:30 -1.536M 0.900M 1.367M

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