Stocks of crude oil in the United States decreased by 747 million barrels in the week ended on November 26th, 2021, following a 2.307 million barrels increase in the previous week. The result compares with market expectations of a 1.677 million decrease. source: American Petroleum Institute (API)
API Crude Oil Stock Change in the United States averaged 0.24 BBL/1Million from 2012 until 2021, reaching an all time high of 14.30 BBL/1Million in February of 2015 and a record low of -12.40 BBL/1Million in November of 2013. 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 December of 2021.
API Crude Oil Stock Change in the United States is expected to be -2.00 BBL/1Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States API Crude Oil Stock Change is projected to trend around 2.00 BBL/1Million in 2022 and 0.50 BBL/1Million in 2023, according to our econometric models.