Stocks of crude oil in the United States increased by 9.281 million barrels in the week ended October 11th 2019, following a 2.927 million gain in the previous week and compared with market expectations of a 2.878 million gain, according to EIA Petroleum Status Report. It was the biggest gain in oil inventories since the week ended April 26th. Meanwhile, gasoline inventories went down by 2.562 million barrels after decreasing by 1.213 million in the previous week and compared with market consensus of a 1.209 million decline. Crude Oil Stocks Change in the United States averaged 0.06 BBL/1Million from 1982 until 2019, reaching an all time high of 14.42 BBL/1Million in October of 2016 and a record low of -15.22 BBL/1Million in January of 1999.

Crude Oil Stocks Change in the United States is expected to be 2.70 BBL/1Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Stocks Change in the United States to stand at 3.00 in 12 months time. In the long-term, the United States Crude Oil Stocks Change is projected to trend around 2.60 BBL/1Million in 2020, according to our econometric models.

United States Crude Oil Stocks Change
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Calendar GMT Actual Previous Consensus TEForecast
2019-09-25 02:30 PM EIA Crude Oil Stocks Change 20/Sep 2.412M 1.058M -0.249M
2019-10-02 02:30 PM EIA Crude Oil Stocks Change 27/Sep 3.104M 2.412M 1.567M
2019-10-09 02:30 PM EIA Crude Oil Stocks Change 04/Oct 2.927M 3.1M 1.413M
2019-10-17 03:00 PM EIA Crude Oil Stocks Change 11/Oct 9.281M 2.927M 2.878M
2019-10-23 02:30 PM EIA Crude Oil Stocks Change 18/Oct 9.281M
2019-10-30 02:30 PM EIA Crude Oil Stocks Change 25/Oct
2019-11-06 03:30 PM EIA Crude Oil Stocks Change 01/Nov


United States Business Last Previous Highest Lowest Unit
Business Confidence 47.80 49.10 77.50 29.40 Index Points [+]
Services PMI 50.90 50.70 61.00 49.30 Index Points [+]
Non Manufacturing PMI 52.60 56.40 62.00 37.80 [+]
Manufacturing PMI 51.10 50.30 57.90 50.30 [+]
Composite Pmi 51.00 50.70 61.00 50.00 Index Points [+]
Industrial Production -0.10 0.40 62.00 -33.70 percent [+]
Industrial Production Mom -0.40 0.80 16.60 -10.40 percent [+]
Manufacturing Production -0.90 -0.40 67.90 -39.40 percent [+]
Capacity Utilization 77.50 77.90 89.39 66.69 percent [+]
Durable Goods Orders 0.20 2.00 23.20 -18.40 percent [+]
Durable Goods Orders Ex Defense -0.60 1.30 25.50 -19.20 percent [+]
Durable Goods Orders Ex Transportation 0.50 -0.50 6.30 -10.20 percent [+]
Factory Orders Ex Transportation 0.00 0.20 4.60 -7.00 percent [+]
New Orders 499765.00 500278.00 565232.00 223500.00 USD Million [+]
Factory Orders -0.10 1.40 10.40 -9.70 percent [+]
Business Inventories 0.00 0.30 1.30 -2.00 percent [+]
Changes in Inventories 69.03 116.00 173.21 -245.13 USD Billion [+]
Wholesale Inventories 0.20 0.20 2.10 -2.00 percent [+]
Bankruptcies 22483.00 22157.00 82446.00 19695.00 Companies [+]
Corporate Profits 1857.53 1791.42 1873.90 14.67 USD Billion [+]
NFIB Business Optimism Index 101.80 103.10 108.80 80.10 Index Points [+]
Ism New York Index 42.80 50.30 88.80 23.40 percent [+]
NY Empire State Manufacturing Index 4.00 2.00 39.00 -34.40 Index Points [+]
Philadelphia Fed Manufacturing Index 5.60 12.00 58.50 -57.90 Index Points [+]
Richmond Fed Manufacturing Index -9.00 1.00 27.00 -44.00 Index Points [+]
Chicago Fed National Activity Index 0.10 -0.41 2.79 -5.28 [+]
Dallas Fed Manufacturing Index 1.50 2.70 47.60 -59.90 Index Points [+]
Chicago Pmi 47.10 50.40 78.60 21.20 Index Points [+]
Total Vehicle Sales 17.20 17.00 21.77 9.05 Million [+]
Car Production 2.57 2.55 9.92 1.29 Million Units [+]
Car Registrations 421.79 428.44 1149.00 331.50 Thousand [+]
Crude Oil Stocks Change 9.28 2.93 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 104.00 98.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change -2562.00 -1213.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 128.88 128.31 128.88 46.91 Index Points [+]
Internet Speed 18747.58 17235.62 18747.58 3609.31 KBps [+]
IP Addresses 128949703.00 127873899.00 146874246.00 89399946.00 IP [+]
API Crude Oil Stock Change 10.50 4.13 14.30 -12.40 BBL/1Million [+]
Crude Oil Rigs 713.00 712.00 1609.00 98.00 [+]
Corruption Index 71.00 75.00 78.00 71.00 Points [+]
Corruption Rank 22.00 16.00 24.00 14.00 [+]
Competitiveness Index 83.67 85.64 85.64 5.42 Points [+]
Competitiveness Rank 2.00 1.00 7.00 1.00 [+]
Ease of Doing Business 8.00 6.00 8.00 4.00 [+]
Steel Production 7497.00 7514.00 11951.00 3799.00 Thousand Tonnes [+]
Kansas Fed Manufacturing Index 11.00 -2.00 37.00 -32.00 Index Points [+]
Mining Production 2.60 5.00 108.20 -28.80 percent [+]


United States Crude Oil Stocks Change

Stocks of crude oil refer to the weekly change of the crude oil supply situation. This page provides the latest reported value for - United States Crude Oil Stocks Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Crude Oil Stocks Change - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
9.28 2.93 14.42 -15.22 1982 - 2019 BBL/1Million Weekly




Country Last Previous
United States 9.28 Oct/19


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