Stocks of crude oil in the United States decreased by 1.077 million barrels in the week ended on January 7th, 2022, following a 6.432 million barrels drop in the previous week and compared with market expectations of a 1.950 million decrease. It was the seventh consecutive week that crude inventories decline. source: American Petroleum Institute (API)
API Crude Oil Stock Change in the United States averaged 0.20 BBL/1Million from 2012 until 2022, 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 January of 2022.
API Crude Oil Stock Change in the United States is expected to be 4.00 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 0.50 BBL/1Million in 2023, according to our econometric models.