US crude oil stocks rose by 5.654 million barrels in the week ended July 3rd, 2020, after posting the largest decrease for six months in the previous period and compared with market expectations of a 3.114 million decline, according to the EIA Petroleum Status Report. Meantime, gasoline inventories fell by 4.839 million barrels, more than an expected 0.002 million drop.

Crude Oil Stocks Change in the United States averaged 0.11 BBL/1Million from 1982 until 2020, reaching an all time high of 19.25 BBL/1Million in April of 2020 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 July of 2020. source: U.S. Energy Information Administration

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. Looking forward, we estimate Crude Oil Stocks Change in the United States to stand at 10.00 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.

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United States Crude Oil Stocks Change

Actual Previous Highest Lowest Dates Unit Frequency
5.65 -7.20 19.25 -15.22 1982 - 2020 BBL/1Million Weekly


Calendar GMT Actual Previous Consensus TEForecast
2020-06-17 02:30 PM 12/Jun 1.215M 5.72M -0.152M
2020-06-24 02:30 PM 19/Jun 1.442M 1.215M 0.299M
2020-07-01 02:30 PM 26/Jun -7.195M 1.442M -0.71M
2020-07-08 02:30 PM 03/Jul 5.654M -7.195M -3.114M 3M
2020-07-15 02:30 PM 10/Jul 5.654M
2020-07-22 02:30 PM 17/Jul
2020-07-29 02:30 PM 24/Jul
2020-08-05 02:30 PM 31/Jul


News Stream
US Crude Oil Inventories Rise Unexpectedly
US crude oil stocks rose by 5.654 million barrels in the week ended July 3rd, 2020, after posting the largest decrease for six months in the previous period and compared with market expectations of a 3.114 million decline, according to the EIA Petroleum Status Report. Meantime, gasoline inventories fell by 4.839 million barrels, more than an expected 0.002 million drop.
2020-07-08
US Crude Stocks Fall the Most in 6 Months
US crude oil stocks fell by 7.195 million barrels in the week ended June 26th, 2020, after a 1.442 million increase in the previous period and compared with market expectations of a 0.710 million decrease, according to the EIA Petroleum Status Report. That was the largest decline in crude inventories since the week ended December 27th, 2019. Meantime, gasoline inventories rose unexpectedly by 1.199 million barrels.
2020-07-01
US Crude Inventories Rise More than Forecast
US crude oil stocks rose by 1.442 million barrels in the week ended June 19th, 2020, after a 1.215 million increase in the previous period and compared with market expectations of a 0.299 million advance, according to the EIA Petroleum Status Report. Meantime, gasoline inventories fell more than expected for a second straight week, down by 1.673 million barrels.
2020-06-24
US Crude Stockpiles Rise for 2nd Week
US crude oil stocks rose by 1.215 million barrels in the week ended June 12th, 2020, after a 5.720 million increase in the previous period and compared with market expectations of a 0.152 million fall, according to the EIA Petroleum Status Report. Meantime, gasoline inventories went down by 1.667 million barrels, a larger than expected decline.
2020-06-17

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