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.

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United States API Crude Oil Stock Change



Calendar GMT Actual Previous Consensus TEForecast
2022-06-22 08:30 PM 17/Jun 5.607M 0.736M -1.433M
2022-06-28 08:30 PM 24/Jun -3.799M 5.607M -0.106M
2022-07-06 08:30 PM 01/Jul -3.799M


Related Last Previous Unit Reference
API Crude Oil Stock Change -3.80 5.61 BBL/1Million Jun 2022
API Crude Imports -0.48 -0.14 BBL/1Million Jun 2022
API Product Imports 0.51 -0.03 BBL/1Million Jun 2022
API Heating Oil -0.63 0.05 BBL/1Million Jun 2022
API Gasoline Stocks 2.85 1.22 BBL/1Million Jun 2022
API Distillate Stocks 2.61 -1.66 BBL/1Million Jun 2022
API Cushing Number -0.65 -0.39 BBL/1Million Jun 2022
API Crude Runs 0.17 0.03 BBL/1Million Jun 2022

United States API Crude Oil Stock Change
Stocks of crude oil refer to the weekly change of the crude oil supply situation.
Actual Previous Highest Lowest Dates Unit Frequency
-3.80 5.61 14.30 -12.40 2012 - 2022 BBL/1Million Weekly

News Stream
US Crude Oil Stock Slump Much More than Expected: API
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.
2022-06-28
US Crude Oil Stocks Unexpectedly Rise for 2nd Month
Stocks of crude oil in the United States increased by 0.736 million barrels in the week ended June 10th, 2022, after a 1.845 million barrels surge in the previous week and compared to market expectations of a 1.314 million fall, data from the American Petroleum Institute showed.
2022-06-14
US Crude Oil Stocks Rise the Most in 6 Weeks: API
Stocks of crude oil in the United States increased by 1.845 million barrels in the week ended June 3rd, after a 1.181 million barrels decline in the previous week and compared to market expectations of a 1.800 million fall. It was the largest injection of crude oil US inventories in six weeks, data from the American Petroleum Institute showed.
2022-06-07