US crude oil inventories fell by 8.1 million barrels in the week ended May 1st, 2026, marking a third consecutive weekly decline and the largest draw in around three months, according to the American Petroleum Institute. The drop far exceeded expectations for a 2.8 million-barrel decline. Gasoline inventories decreased by 6.1 million barrels, following an 8.47 million-barrel draw the previous week, which had been the largest since March 2021. Distillate stockpiles, including diesel and heating oil, fell by 4.6 million barrels, extending their run of declines to five weeks. Meanwhile, inventories at Cushing declined by 1 million barrels, after falling by 0.82 million barrels in the prior week. source: American Petroleum Institute (API)

API Crude Oil Stock Change in the United States decreased to -8.10 BBL/1Million in May 1 from -1.79 BBL/1Million in the previous week. API Crude Oil Stock Change in the United States averaged 0.18 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 May of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-28 08:30 PM
API Crude Oil Stock Change
Apr/24 -1.79M -4.4M 0.3M
2026-05-05 09:30 PM
API Crude Oil Stock Change
May/01 -8.1M -1.79M -2.8M
2026-05-12 08:30 PM
API Crude Oil Stock Change
May/08 -8.1M


Related Last Previous Unit Reference
API Crude Oil Stock Change -8.10 -1.79 BBL/1Million May 2026
API Cushing Number -1.00 -0.82 BBL/1Million May 2026
API Distillate Stocks -4.60 -2.60 BBL/1Million May 2026
API Gasoline Stocks -6.10 -8.47 BBL/1Million May 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
-8.10 -1.79 14.87 -15.40 2012 - 2026 BBL/1Million Weekly

News Stream
US Crude Stockpiles Fall the Most in About 3 Months: API
US crude oil inventories fell by 8.1 million barrels in the week ended May 1st, 2026, marking a third consecutive weekly decline and the largest draw in around three months, according to the American Petroleum Institute. The drop far exceeded expectations for a 2.8 million-barrel decline. Gasoline inventories decreased by 6.1 million barrels, following an 8.47 million-barrel draw the previous week, which had been the largest since March 2021. Distillate stockpiles, including diesel and heating oil, fell by 4.6 million barrels, extending their run of declines to five weeks. Meanwhile, inventories at Cushing declined by 1 million barrels, after falling by 0.82 million barrels in the prior week.
2026-05-06
US Crude Oil Inventories Unexpectedly Fall
Crude oil inventories in the US fell by 1.79 million barrels in the week ended April 24, 2026, defying expectations of a 0.3 million barrel increase and continuing the 4.4 million barrel decline in the previous week, according to the American Petroleum Institute. Gasoline inventories fell by 8.47 million barrels, after declining by 5.165 million barrels last week. Distillate stockpiles, which include diesel and heating oil, decreased by 2.60 million barrels, following a 4.59 million barrel drop in the prior week. Cushing inventories fell by 0.82 million barrels.
2026-04-29
US Crude Oil Inventories Post Surprise Draw
United States crude oil inventories fell by 4.40 million barrels in the week ended April 17th 2026, well above the 1.0 million barrel draw expected by markets and reversing a 6.10 million barrel increase in the previous week, according to the American Petroleum Institute. Gasoline inventories fell by 5.165 million barrels, the biggest draw since the last week of October. Distillate stockpiles which include diesel and heating oil decreased by 4.59 million barrels and Cushing inventory rose by 0.678 million barrels.
2026-04-21