US crude oil inventories rose by 1.956 million barrels in the week ended June 10th, following a 2.025 million increase in the previous period and compared to market expectations for a 1.314 million drop, according to EIA. Meanwhile, crude stocks at the Cushing, Oklahoma, fell by 0.826 million barrels; and gasoline stocks declined by 0.71 million barrels, against forecasts of a 1.066 million rise. Distillate stockpiles which include diesel and heating oil increased by 0.725 million barrels, above expectations for a 0.292 million increase. 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 June 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.