US crude oil inventories fell by 4.089 million barrels in the July 23rd week, following a 2.108 million increase in the previous period and compared with market consensus of a 2.928 million drop, data from the EIA Petroleum Status Report showed. Meantime, gasoline inventories were down by 2.253 million barrels, more than forecasts of a 0.916 million decrease. source: U.S. Energy Information Administration
Crude Oil Stocks Change in the United States averaged 0.05 BBL/1Million from 1982 until 2021, reaching an all time high of 21.56 BBL/1Million in February of 2021 and a record low of -15.22 BBL/1Million in January of 1999. 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 - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Crude Oil Stocks Change in the United States is expected to be -5.00 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 Crude Oil Stocks Change is projected to trend around 2.60 BBL/1Million in 2022, according to our econometric models.