United States Crude Oil Stocks Change

Stocks of crude oil in the United States increased by 4.74 million barrels in the week ended May 17th 2019, following a 5.431 million rise in the previous week and compared with market expectations of a 0.599 million drop. Meanwhile, gasoline inventories rose by 3.716 million, after a 1.123 million decline in the prior week and against market consensus of a 0.816 million decrease. Crude Oil Stocks Change in the United States averaged 0.08 BBL/1Million from 1982 until 2019, 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.

Crude Oil Stocks Change in the United States is expected to be 4.50 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 5.00 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 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus
2019-05-01	02:30 PM	EIA Crude Oil Stocks Change	9.934M	5.479M	1.485M
2019-05-08	02:30 PM	EIA Crude Oil Stocks Change	-3.963M	9.934M	1.215M
2019-05-15	02:30 PM	EIA Crude Oil Stocks Change	5.431M	-3.963M	-0.8M
2019-05-22	02:30 PM	EIA Crude Oil Stocks Change	4.74M	5.431M	-0.599M
2019-05-30	03:00 PM	EIA Crude Oil Stocks Change		4.74M
2019-06-05	02:30 PM	EIA Crude Oil Stocks Change
2019-06-12	02:30 PM	EIA Crude Oil Stocks Change

United States Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	52.80	55.30	77.50	29.40	Index Points	[+]
Manufacturing PMI	50.60	52.60	57.90	50.60		[+]
Services PMI	50.90	53.00	61.00	49.30	Index Points	[+]
Non Manufacturing PMI	55.50	56.10	62.00	37.80		[+]
Composite Pmi	50.90	53.00	61.00	50.00	Index Points	[+]
Industrial Production	0.90	2.30	62.00	-33.70	percent	[+]
Industrial Production Mom	-0.50	0.20	16.60	-10.40	percent	[+]
Manufacturing Production	-0.20	0.70	67.90	-39.40	percent	[+]
Capacity Utilization	77.93	78.46	89.39	66.69	percent	[+]
Durable Goods Orders	2.70	-1.10	23.50	-19.00	percent	[+]
Durable Goods Orders Ex Defense	2.30	-1.70	26.00	-19.70	percent	[+]
Durable Goods Orders Ex Transportation	0.40	-0.20	7.50	-6.80	percent	[+]
Factory Orders Ex Transportation	0.80	0.30	4.60	-7.20	percent	[+]
New Orders	508192.00	497474.00	565232.00	223500.00	USD Million	[+]
Factory Orders	1.90	-0.30	10.60	-10.00	percent	[+]
Business Inventories	0.00	0.30	1.30	-2.00	percent	[+]
Changes in Inventories	128.39	96.80	166.37	-245.13	USD Billion	[+]
Wholesale Inventories	-0.10	0.40	2.10	-2.00	percent	[+]
Bankruptcies	22157.00	22232.00	82446.00	19695.00	Companies	[+]
Corporate Profits	2076.20	2076.82	2076.82	14.70	USD Billion	[+]
NFIB Business Optimism Index	103.50	101.80	108.80	80.10	Index Points	[+]
Ism New York Index	77.30	66.90	88.80	23.40	percent	[+]
Philadelphia Fed Manufacturing Index	16.60	8.50	58.50	-57.90	Index Points	[+]
NY Empire State Manufacturing Index	17.80	10.10	39.00	-34.40	Index Points	[+]
Richmond Fed Manufacturing Index	3.00	10.00	29.00	-44.00	Index Points	[+]
Chicago Fed National Activity Index	-0.45	0.05	2.78	-5.27		[+]
Dallas Fed Manufacturing Index	2.00	6.90	47.60	-59.90	Index Points	[+]
Chicago Pmi	52.60	58.70	78.60	21.20	Index Points	[+]
Car Production	2.42	2.46	9.92	1.29	Million Units	[+]
Car Registrations	377.46	389.93	1149.00	331.50	Thousand	[+]
Total Vehicle Sales	16.40	17.45	21.77	9.05	Million	[+]
Crude Oil Stocks Change	4.74	5.43	14.42	-15.22	BBL/1Million	[+]
Natural Gas Stocks Change	100.00	106.00	147.00	-359.00	Billion cf	[+]
Gasoline Stocks Change	3716.00	-1123.00	11456.00	-8428.00	Thousand Barrels	[+]
Leading Economic Index	125.78	125.56	125.78	46.91	Index Points	[+]
Internet Speed	18747.58	17235.62	18747.58	3609.31	KBps	[+]
IP Addresses	128949703.00	127873899.00	146874246.00	89399946.00	IP	[+]
API Crude Oil Stock Change	2.40	8.60	14.30	-12.40	BBL/1Million	[+]
Crude Oil Rigs	802.00	805.00	1609.00	98.00		[+]
Corruption Index	71.00	75.00	78.00	71.00	Points	[+]
Corruption Rank	22.00	16.00	24.00	14.00		[+]
Competitiveness Index	85.64	84.84	85.64	5.42	Points	[+]
Competitiveness Rank	1.00	1.00	7.00	1.00		[+]
Ease of Doing Business	8.00	6.00	8.00	4.00		[+]
Steel Production	7752.00	6896.00	11951.00	3799.00	Thousand Tonnes	[+]
Mining Production	10.40	9.80	108.20	-28.80	percent	[+]

United States Crude Oil Stocks Change

Stocks of crude oil refer to the weekly change of the crude oil supply situation. 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 - actual data, historical chart and calendar of releases - was last updated on May of 2019.