Stocks of crude oil in the United States increased by 0.6 million barrels in the week ended October 16th, 2020, after a 5.4 million draw in the previous week and compared with market expectations of a 0.2 million drop, data from the American Petroleum Institute showed.

API Crude Oil Stock Change in the United States averaged 0.39 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 October 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 -5.00 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
0.58 -5.42 14.30 -12.40 2012 - 2020 BBL/1Million Weekly


Calendar GMT Actual Previous Consensus TEForecast
2020-09-29 08:30 PM 25/Sep -0.831M 0.691M 1.400M
2020-10-06 08:30 PM 02/Oct 0.951M -0.831M 0.400M
2020-10-14 08:30 PM 09/Oct -5.422M 0.951M -3.387M
2020-10-20 08:30 PM 16/Oct 0.584M -5.422M -0.240M
2020-10-27 08:30 PM 23/Oct
2020-11-03 09:30 PM 30/Oct
2020-11-11 09:30 PM 06/Nov
2020-11-17 09:30 PM 13/Nov

United States Business Last Previous Highest Lowest Unit
Business Confidence 55.40 56.00 77.50 29.40 points [+]
Manufacturing PMI 53.20 53.10 57.90 36.10 points [+]
Non Manufacturing PMI 57.80 56.90 62.00 37.80 points [+]
Services PMI 54.60 55.00 61.00 26.70 points [+]
Composite Pmi 54.30 54.60 61.00 27.00 points [+]
Industrial Production -7.30 -7.00 62.00 -33.70 percent [+]
Industrial Production Mom -0.60 0.40 16.60 -12.70 percent [+]
Manufacturing Production -6.00 -6.90 67.90 -39.40 percent [+]
Capacity Utilization 71.54 71.98 89.39 64.24 percent [+]
Durable Goods Orders 0.40 11.70 23.00 -18.80 percent [+]
Durable Goods Orders Ex Defense 0.70 10.40 25.50 -19.70 percent [+]
Durable Goods Orders Ex Transportation 0.40 3.20 6.30 -10.30 percent [+]
Factory Orders Ex Transportation 0.70 2.40 4.80 -8.90 percent [+]
New Orders 470135.00 466082.00 551446.00 223500.00 USD Million [+]
Factory Orders 0.70 6.50 10.30 -13.50 percent [+]
Business Inventories 0.30 0.10 1.30 -2.30 percent [+]
Changes in Inventories -287.03 -80.95 177.30 -287.03 USD Billion [+]
Wholesale Inventories 0.40 -0.20 2.10 -2.00 percent [+]
Bankruptcies 22482.00 23114.00 82446.00 19695.00 Companies [+]
Corporate Profits 1589.40 1779.48 1998.94 14.67 USD Billion [+]
NFIB Business Optimism Index 104.00 100.20 108.80 80.10 points [+]
Ism New York Index 56.10 42.90 88.80 4.30 percent [+]
Richmond Fed Manufacturing Index 21.00 18.00 27.00 -53.00 points [+]
Philadelphia Fed Manufacturing Index 32.30 15.00 58.50 -57.90 points [+]
NY Empire State Manufacturing Index 10.50 17.00 39.00 -78.20 points [+]
Chicago Fed National Activity Index 0.79 2.54 5.84 -17.80 [+]
Dallas Fed Manufacturing Index 13.60 8.00 47.80 -74.00 points [+]
Chicago Pmi 62.40 51.20 78.60 21.20 points [+]
Car Production 2.32 2.49 9.92 0.01 Million Units [+]
Car Registrations 310.92 269.54 1149.00 180.56 Thousand [+]
Total Vehicle Sales 15.70 15.19 21.77 8.60 Million [+]
Crude Oil Stocks Change -3.82 0.50 19.25 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 46.00 75.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change -1626.00 -1435.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 123.37 122.77 130.19 45.50 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 205.00 189.00 1609.00 98.00 [+]
API Crude Oil Stock Change 0.58 -5.42 14.30 -12.40 BBL/1Million [+]
API Crude Runs -0.20 -0.60 1.30 -2.15 BBL/1Million [+]
API Cushing Number 1.17 2.20 6.80 -5.04 BBL/1Million [+]
API Distillate Stocks -5.98 -3.93 10.24 -6.67 BBL/1Million [+]
API Gasoline Stocks -1.62 -1.51 9.45 -7.90 BBL/1Million [+]
API Heating Oil 0.17 -0.31 1.90 -1.62 BBL/1Million [+]
API Product Imports -0.32 0.02 793.00 -504.00 BBL/1Million [+]
API Crude Imports 0.07 -0.64 1701.00 -1472.00 BBL/1Million [+]
Cushing Crude Oil Stocks 2906.00 470.00 6417.00 -5587.00 Thousand Barrels [+]
Corruption Index 69.00 71.00 78.00 69.00 Points [+]
Corruption Rank 23.00 22.00 24.00 14.00 [+]
Crude Oil Imports 78.00 1463.00 2201.00 -2518.00 Thousand Barrels [+]
Competitiveness Index 83.67 85.64 85.64 5.42 Points [+]
Competitiveness Rank 2.00 1.00 7.00 1.00 [+]
Distillate Fuel Production -263.00 174.00 570.00 -699.00 Thousand Barrels [+]
Distillate Stocks -7244.00 -962.00 11205.00 -13011.00 Thousand Barrels [+]
Ease of Doing Business 6.00 8.00 8.00 4.00 [+]
Gasoline Production -282.00 630.00 1082.00 -1638.00 Thousand Barrels [+]
Refinery Crude Runs -276.00 183.00 1572.00 -3253.00 Thousand Barrels [+]
Steel Production 5588.00 5241.00 11951.00 3799.00 Thousand Tonnes [+]
Kansas Fed Manufacturing Index 18.00 23.00 35.00 -62.00 points [+]
Mining Production -14.80 -16.20 108.20 -28.80 percent [+]
Heating Oil Stocks -398.00 67.00 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.