Stocks of crude oil in the United States dropped by 0.5 million barrels in the week ended May 29th of 2020, after an 8.7 million gain in the previous week and compared with market expectations of a 3 million build, data from the American Petroleum Institute showed.

API Crude Oil Stock Change in the United States averaged 0.50 BBL/1Million from 2012 until 2020, 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 June of 2020. source: American Petroleum Institute (API)

API Crude Oil Stock Change in the United States is expected to be 2.00 BBL/1Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate API Crude Oil Stock Change in the United States to stand at 2.00 in 12 months time. In the long-term, the United States API Crude Oil Stock Change is projected to trend around 2.00 BBL/1Million in 2021, according to our econometric models.

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United States API Crude Oil Stock Change

Actual Previous Highest Lowest Dates Unit Frequency
-0.50 8.70 14.30 -12.40 2012 - 2020 BBL/1Million Weekly


Calendar GMT Actual Previous Consensus TEForecast
2020-05-12 08:30 PM 08/May 7.58M 8.4M
2020-05-19 08:30 PM 15/May -4.8M 7.58M
2020-05-27 08:30 PM 22/May 8.7M -4.8M
2020-06-02 08:30 PM 29/May -0.5M 8.7M
2020-06-09 08:30 PM 05/Jun -0.5M
2020-06-16 08:30 PM 12/Jun
2020-06-23 08:30 PM 19/Jun
2020-06-30 08:30 PM 26/Jun

United States Business Last Previous Highest Lowest Unit
Business Confidence 43.10 41.50 77.50 29.40 points [+]
Manufacturing PMI 39.80 36.10 57.90 36.10 points [+]
Non Manufacturing PMI 45.40 41.80 62.00 37.80 points [+]
Services PMI 37.50 26.70 61.00 26.70 points [+]
Composite Pmi 37.00 27.00 61.00 27.00 points [+]
Industrial Production -15.00 -4.90 62.00 -33.70 percent [+]
Industrial Production Mom -11.20 -4.50 16.60 -11.20 percent [+]
Manufacturing Production -18.00 -5.80 67.90 -39.40 percent [+]
Capacity Utilization 64.89 73.19 89.39 64.89 percent [+]
Durable Goods Orders -17.20 -16.60 23.20 -18.40 percent [+]
Durable Goods Orders Ex Defense -16.20 -17.40 25.50 -19.20 percent [+]
Durable Goods Orders Ex Transportation -7.40 -1.70 6.30 -10.20 percent [+]
Factory Orders Ex Transportation -8.50 -4.00 4.60 -8.50 percent [+]
New Orders 445827.00 497428.00 549482.00 223500.00 USD Million [+]
Factory Orders -13.00 -11.00 10.30 -13.00 percent [+]
Business Inventories -0.20 -0.50 1.40 -2.00 percent [+]
Changes in Inventories -67.15 13.07 173.21 -245.13 USD Billion [+]
Wholesale Inventories 0.40 -1.00 2.10 -2.00 percent [+]
Bankruptcies 23114.00 22780.00 82446.00 19695.00 Companies [+]
Corporate Profits 1636.82 1908.23 1908.23 14.67 USD Billion [+]
NFIB Business Optimism Index 90.90 96.40 108.80 80.10 points [+]
NY Empire State Manufacturing Index -48.50 -78.20 39.00 -78.20 points [+]
Philadelphia Fed Manufacturing Index -43.10 -56.60 58.50 -57.90 points [+]
Richmond Fed Manufacturing Index -27.00 -53.00 27.00 -53.00 points [+]
Ism New York Index 19.50 4.30 88.80 4.30 percent [+]
Dallas Fed Manufacturing Index -49.20 -74.00 47.80 -74.00 points [+]
Chicago Fed National Activity Index -16.74 -4.97 2.07 -16.74 [+]
Chicago Pmi 32.30 35.40 78.60 21.20 points [+]
Total Vehicle Sales 12.20 8.60 21.77 8.60 Million [+]
Car Production 0.01 1.70 9.92 0.01 Million Units [+]
Car Registrations 254.05 351.45 1149.00 254.05 Thousand [+]
Crude Oil Stocks Change -2.08 7.93 19.25 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 102.00 109.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change 2796.00 -724.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 111.96 129.73 130.66 45.48 points [+]
Internet Speed 18747.58 17235.62 18747.58 3609.31 KBps [+]
IP Addresses 128949703.00 127873899.00 146874246.00 89399946.00 IP [+]
Crude Oil Rigs 222.00 237.00 1609.00 98.00 [+]
API Crude Oil Stock Change -0.50 8.70 14.30 -12.40 BBL/1Million [+]
Competitiveness Index 83.67 85.64 85.64 5.42 Points [+]
Competitiveness Rank 2.00 1.00 7.00 1.00 [+]
Cushing Crude Oil Stocks -1739.00 -3395.00 6417.00 -5587.00 Thousand Barrels [+]
Distillate Fuel Production -66.00 -24.00 570.00 -699.00 Thousand Barrels [+]
Distillate Stocks 9935.00 5494.00 11205.00 -13011.00 Thousand Barrels [+]
Ease of Doing Business 6.00 8.00 8.00 4.00 [+]
Corruption Index 69.00 71.00 78.00 69.00 Points [+]
Corruption Rank 23.00 22.00 24.00 14.00 [+]
Crude Oil Imports -639.00 2066.00 2201.00 -2518.00 Thousand Barrels [+]
Gasoline Production 608.00 5.00 1082.00 -1638.00 Thousand Barrels [+]
Refinery Crude Runs 316.00 88.00 1572.00 -3253.00 Thousand Barrels [+]
Steel Production 4968.00 7222.00 11951.00 3799.00 Thousand Tonnes [+]
Kansas Fed Manufacturing Index -25.00 -62.00 35.00 -62.00 points [+]
Mining Production -7.50 1.10 108.20 -28.80 percent [+]
Heating Oil Stocks 923.00 107.00 94208.00 -92090.00 Thousand Barrels [+]


United States API Crude Oil Stock Change
Stocks of crude oil refer to the weekly change of the crude oil supply situation.