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.

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United States API Crude Oil Stock Change

Calendar GMT Actual Previous Consensus TEForecast
2022-01-04 09:30 PM 31/Dec -6.432M -3.091M -3.400M
2022-01-11 09:30 PM 07/Jan -1.077M -6.432M -1.950M
2022-01-18 09:30 PM 14/Jan -1.077M

Related Last Previous Unit Reference
API Crude Oil Stock Change -1.08 -6.43 BBL/1Million Jan/22
API Crude Imports 0.37 -0.40 BBL/1Million Jan/22
API Product Imports -0.02 -0.21 BBL/1Million Jan/22
API Heating Oil 0.28 -0.54 BBL/1Million Jan/22
API Gasoline Stocks 10.86 7.06 BBL/1Million Jan/22
API Distillate Stocks 3.04 4.38 BBL/1Million Jan/22
API Cushing Number -3.66 2.27 BBL/1Million Jan/22
API Crude Runs -0.34 0.24 BBL/1Million Jan/22
United States API Crude Oil Stock Change
Stocks of crude oil refer to the weekly change of the crude oil supply situation.