US crude oil inventories fell by 2.762 million barrels in the week ended June 24th, following a 0.386 million drop in the previous period, according to EIA's latest report. Meanwhile, crude stocks at the Cushing, Oklahoma, fell by 0.782 million barrels, while gasoline stocks rose by 2.645 million. Distillate stockpiles, which include diesel and heating oil, increased by 2.559 million barrels. source: U.S. Energy Information Administration
Crude Oil Stocks Change in the United States averaged 0.04 BBL/1Million from 1982 until 2022, 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 2022.
Crude Oil Stocks Change in the United States is expected to be -3.00 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 2023, according to our econometric models.