Stocks of crude oil in the United States slumped by 3.799 million barrels in the week ended June 24th, 2022, the largest withdrawal since mid-April, following a 5.607 million barrel surge in the previous week and compared to market expectations of a 0.106 million barrel draw, data from the American Petroleum Institute showed. 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 July of 2022.
API Crude Oil Stock Change in the United States is expected to be 3.50 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.