US crude oil inventories dropped by 0.754 million barrels in the week ended November 20th, 2020, following a 0.768 million increase in the previous period and compared with market expectations of a 0.127 million advance, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were up by 2.2 million barrels, while markets had forecast a smaller 0.6 million rise. source: U.S. Energy Information Administration

Crude Oil Stocks Change in the United States averaged 0.08 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 November of 2020.

Crude Oil Stocks Change in the United States is expected to be 2.60 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 2021, according to our econometric models.

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United States Crude Oil Stocks Change

Actual Previous Highest Lowest Dates Unit Frequency
-0.75 0.77 19.25 -15.22 1982 - 2020 BBL/1Million Weekly


Calendar GMT Actual Previous Consensus TEForecast
2020-11-04 03:30 PM 30/Oct -7.998M 4.32M 0.89M
2020-11-12 04:00 PM 06/Nov 4.278M -7.998M -0.913M
2020-11-18 03:30 PM 13/Nov 0.768M 4.278M 1.65M
2020-11-25 03:30 PM 20/Nov -0.754M 0.768M 0.127M
2020-12-02 03:30 PM 27/Nov -0.754M
2020-12-09 03:30 PM 04/Dec
2020-12-16 03:30 PM 11/Dec
2020-12-23 03:30 PM 18/Dec


News Stream
US Crude Inventories Fall Unexpectedly
US crude oil inventories dropped by 0.754 million barrels in the week ended November 20th, 2020, following a 0.768 million increase in the previous period and compared with market expectations of a 0.127 million advance, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were up by 2.2 million barrels, while markets had forecast a smaller 0.6 million rise.
2020-11-25
US Crude Inventories Rise for 2nd Week
US crude oil inventories rose by 0.768 million barrels in the week ended November 13th, 2020, following a 4.278 million increase in the previous period and compared with market expectations of a 1.65 million advance, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were up by 2.611 million barrels, while markets had forecast a smaller 0.087 million rise.
2020-11-18
US Crude Inventories Rise Unexpectedly
US crude oil inventories rose by 4.278 million barrels in the week ended November 6th, 2020, following a 7.998 million drop in the previous period and compared with market expectations of a 0.913 million decrease, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were down by 2.309 million barrels, while markets had forecast a decline of 0.263 million.
2020-11-12
US Crude Inventories Fall the Most in 2 Months
US crude oil inventories fell by 7.998 million barrels in the week ended October 30th 2020, following a 4.32 million rise in the previous period and compared to market expectations of a 0.89 million increase, according to the EIA Petroleum Status Report. That was the steepest decline in crude stocks since the week ended August 28th. Meantime, gasoline inventories were up by 1.541 million barrels, while markets had forecast a drop of 0.871 million.
2020-11-04

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