US crude oil inventories fell by 2.762 million barrels in the week ended June 24th, following a 0.386 million drop in the previous period, according to EIA's latest report. Meanwhile, crude stocks at the Cushing, Oklahoma, fell by 0.782 million barrels, while gasoline stocks rose by 2.645 million. Distillate stockpiles, which include diesel and heating oil, increased by 2.559 million barrels. 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.

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United States Crude Oil Stocks Change



Calendar GMT Actual Previous Consensus TEForecast
2022-06-29 02:30 PM 17/Jun -0.386M 1.956M -0.569M
2022-06-29 02:30 PM 24/Jun -2.762M -0.386M
2022-07-07 03:00 PM 01/Jul -2.762M


Related Last Previous Unit Reference
Crude Oil Stocks Change -2.76 -0.39 BBL/1Million Jun 2022
Gasoline Stocks Change 2645.00 1489.00 Thousand Barrels Jun 2022
Natural Gas Stocks Change 74.00 92.00 billion cubic feet Jun 2022
Refinery Crude Runs 403.00 -57.00 Thousand Barrels Jun 2022
Heating Oil Stocks -51.00 -267.00 Thousand Barrels Jun 2022
Distillate Stocks 2559.00 133.00 Thousand Barrels Jun 2022
Distillate Fuel Production 85.00 107.00 Thousand Barrels Jun 2022
Cushing Crude Oil Stocks -782.00 -572.00 Thousand Barrels Jun 2022
Gasoline Production 143.00 -665.00 Thousand Barrels Jun 2022
Crude Oil Imports -36.00 -606.00 Thousand Barrels Jun 2022

United States Crude Oil Stocks Change
Stocks of crude oil refer to the weekly change of the crude oil supply situation.
Actual Previous Highest Lowest Dates Unit Frequency
-2.76 -0.39 21.56 -15.22 1982 - 2022 BBL/1Million Weekly

News Stream
US Crude Stocks Fall for Second Week: EIA
US crude oil inventories fell by 2.762 million barrels in the week ended June 24th, following a 0.386 million drop in the previous period, according to EIA's latest report. Meanwhile, crude stocks at the Cushing, Oklahoma, fell by 0.782 million barrels, while gasoline stocks rose by 2.645 million. Distillate stockpiles, which include diesel and heating oil, increased by 2.559 million barrels.
2022-06-29
US Crude Stocks Unexpectedly Rise for 2nd Week: EIA
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.
2022-06-15
US Crude Stocks Unexpectedly Rise: EIA
US crude oil inventories rose by 2.025 million barrels in the week ended June 3rd, after a 5.068 million decrease in the previous period and compared to market expectations for a 1.917 million drop. Meanwhile, crude stocks at the Cushing, Oklahoma, fell by 1.593 million barrels, down from a 0.256-million-barrel injection; and gasoline stocks fell by 0.812 million barrels, against forecasts of a 1.075 million rise. Distillate stockpiles which include diesel and heating oil increased by 2.592 million barrels, above expectations for a 1.06 million increase.
2022-06-08