Stocks of crude oil in the United States increased by 0.414 million barrels in the week ended February 14th 2020, following a 7.459 million gain in the previous week and compared with market expectations of a 2.494 million gain, according to EIA Petroleum Status Report. Meanwhile, gasoline inventories went down by 1.971 million barrels after decreasing by 0.095 million in the previous week and compared with market consensus of a 0.435 million rise. United States Crude Oil Stocks Change - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Crude Oil Stocks Change in the United States averaged 0.06 BBL/1Million from 1982 until 2020, reaching an all time high of 14.42 BBL/1Million in October of 2016 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. source: U.S. Energy Information Administration
Crude Oil Stocks Change in the United States is expected to be 5.00 BBL/1Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Stocks Change in the United States to stand at 2.60 in 12 months time. In the long-term, the United States Crude Oil Stocks Change is projected to trend around 2.60 BBL/1Million in 2021, according to our econometric models.