US crude oil inventories fell by 8.33 million barrels in the week ended June 12, exceeding expectations for a 4.5 million-barrel draw. This followed a 9.12 million-barrel decline in the previous week. Despite inventories falling by about 52 million barrels over the past nine weeks, US crude stockpiles are down just 1.4 million barrels since the start of the year. Inventories in the SPR also continued to decline, dropping by 8.9 million barrels to 340.3 million, leaving stocks 385 million barrels below maximum capacity. Meanwhile, inventories at the Cushing hub fell by 1.52 million barrels after declining by 1.13 million barrels the previous week. US crude production rose to 13.80 million barrels per day in the week ended June 5, up from 13.71 million bpd a week earlier. Gasoline inventories rose by 2.48 million barrels, reversing the prior week's 1.19 million-barrel decline, while distillate stockpiles fell by 461,000 barrels after rising by 1.3 million barrels in the previous week. source: American Petroleum Institute (API)

API Crude Oil Stock Change in the United States increased to -8.33 BBL/1Million in June 12 from -9.12 BBL/1Million in the previous week. API Crude Oil Stock Change in the United States averaged 0.13 BBL/1Million from 2012 until 2026, reaching an all time high of 14.87 BBL/1Million in January of 2023 and a record low of -15.40 BBL/1Million in July of 2023. This page provides - United States API Crude Oil Stock Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. United States API Crude Oil Stock Change - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-09 08:30 PM
API Crude Oil Stock Change
Jun/05 -9.119M -6.75M -3.4M
2026-06-16 08:30 PM
API Crude Oil Stock Change
Jun/12 -8.33M -9.119M -4.5M
2026-06-23 08:30 PM
API Crude Oil Stock Change
Jun/19 -8.33M


Related Last Previous Unit Reference
API Crude Oil Stock Change -8.33 -9.12 BBL/1Million Jun 2026
API Cushing Number -1.52 -1.13 BBL/1Million Jun 2026
API Distillate Stocks -0.46 1.30 BBL/1Million Jun 2026
API Gasoline Stocks 2.48 -1.19 BBL/1Million Jun 2026


United States API Crude Oil Stock Change
Stocks of crude oil refer to the weekly change of the crude oil supply situation.
Actual Previous Highest Lowest Dates Unit Frequency
-8.33 -9.12 14.87 -15.40 2012 - 2026 BBL/1Million Weekly

News Stream
US Crude Inventories Fall More Than Expected
US crude oil inventories fell by 8.33 million barrels in the week ended June 12, exceeding expectations for a 4.5 million-barrel draw. This followed a 9.12 million-barrel decline in the previous week. Despite inventories falling by about 52 million barrels over the past nine weeks, US crude stockpiles are down just 1.4 million barrels since the start of the year. Inventories in the SPR also continued to decline, dropping by 8.9 million barrels to 340.3 million, leaving stocks 385 million barrels below maximum capacity. Meanwhile, inventories at the Cushing hub fell by 1.52 million barrels after declining by 1.13 million barrels the previous week. US crude production rose to 13.80 million barrels per day in the week ended June 5, up from 13.71 million bpd a week earlier. Gasoline inventories rose by 2.48 million barrels, reversing the prior week's 1.19 million-barrel decline, while distillate stockpiles fell by 461,000 barrels after rising by 1.3 million barrels in the previous week.
2026-06-16
US Oil Stockpiles Fall More Than Expected
US crude oil inventories fell by 9.1 million barrels in the week ended June 5, far exceeding forecasts for a 3.4 million-barrel draw, after declining by 6.7 million barrels in the previous week. Despite a cumulative decline of roughly 44 million barrels over the past eight weeks, crude inventories remain nearly 7 million barrels above year-end levels. The Strategic Petroleum Reserve also continued to shrink, with another 7.9 million barrels withdrawn during the week. Inventories at Cushing, Oklahoma, fell by 1.125 million barrels, following a 279,000-barrel decline a week earlier. US crude production eased to 13.707 million barrels per day from 13.715 million. Gasoline inventories declined by 1.191 million barrels after a 3.45 million-barrel increase in the prior week, while distillate stocks rose by 1.3 million barrels after falling 214,000 barrels previously.
2026-06-09
US Crude Stockpiles Fall for 7th Week
US crude oil inventories fell by 6.8 million barrels in the week ending May 29, 2026, according to the American Petroleum Institute, sharply exceeding expectations for a 3.6 million-barrel decrease. The latest figure also marked the seventh consecutive weekly decline and followed a 2.8 million-barrel draw in the previous week. Gasoline inventories rose by 3.5 million barrels after falling 3.2 million barrels a week earlier, while distillate inventories, which include diesel and heating oil, declined by 214,000 barrels, reversing a 1.1 million-barrel increase in the prior week. The latest API data pointed to a sharper-than-expected drawdown in US crude stockpiles, while refined fuel inventories showed mixed trends.
2026-06-02