United States Crude Oil Stocks Change

US crude oil stocks fell by 9.589 million barrels in the week ended March 15th 2019, following a 3.862 million decrease in the previous week and compared to market expectations of a 0.074 million rise. It is the biggest decline in oil inventories since the week ended July 6th. Meanwhile, gasoline inventories dropped by 4.587 million barrels, after a 4.624 million fall in the previous week. Crude Oil Stocks Change in the United States averaged 0.06 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 2.50 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 2.70 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	TEForecast
2019-02-27	03:30 PM	EIA Crude Oil Stocks Change	-8.647M	3.672M	2.842M
2019-03-06	03:30 PM	EIA Crude Oil Stocks Change	7.069M	-8.647M	1.2M
2019-03-13	02:30 PM	EIA Crude Oil Stocks Change	-3.862M	7.069M	2.824M
2019-03-20	02:30 PM	EIA Crude Oil Stocks Change	-9.589M	-3.862M	0.074M
2019-03-27	02:30 PM	EIA Crude Oil Stocks Change		-9.589M	0.309M	4M
2019-04-03	02:30 PM	EIA Crude Oil Stocks Change
2019-04-10	02:30 PM	EIA Crude Oil Stocks Change

United States Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	54.20	56.60	77.50	29.40	Index Points	[+]
Manufacturing PMI	52.50	53.00	57.90	50.70		[+]
Services PMI	54.80	56.00	61.00	49.30	Index Points	[+]
Non Manufacturing PMI	59.70	56.70	62.00	37.80		[+]
Composite Pmi	54.30	55.50	61.00	50.00	Index Points	[+]
Industrial Production	3.50	3.90	62.00	-33.70	percent	[+]
Industrial Production Mom	0.10	-0.40	16.60	-10.40	percent	[+]
Manufacturing Production	1.00	2.80	67.90	-39.40	percent	[+]
Capacity Utilization	78.23	78.26	89.39	66.71	percent	[+]
Durable Goods Orders	0.40	1.30	23.50	-19.00	percent	[+]
Durable Goods Orders Ex Defense	0.70	2.20	26.00	-19.70	percent	[+]
Durable Goods Orders Ex Transportation	-0.10	0.30	7.50	-6.80	percent	[+]
Factory Orders Ex Transportation	-0.20	-0.50	4.60	-7.20	percent	[+]
New Orders	500479.00	499876.00	565232.00	223500.00	USD Million	[+]
Factory Orders	0.10	0.10	10.60	-10.00	percent	[+]
Business Inventories	0.60	0.00	1.30	-2.00	percent	[+]
Changes in Inventories	97.07	89.77	166.37	-245.13	USD Billion	[+]
Wholesale Inventories	1.20	1.10	2.10	-2.00	percent	[+]
Bankruptcies	22232.00	22103.00	82446.00	19695.00	Companies	[+]
Corporate Profits	2076.82	2007.53	2076.82	14.70	USD Billion	[+]
NFIB Business Optimism Index	101.70	101.20	108.80	80.10	Index Points	[+]
Ism New York Index	61.10	63.40	88.80	23.40	percent	[+]
Philadelphia Fed Manufacturing Index	13.70	-4.10	58.50	-57.90	Index Points	[+]
NY Empire State Manufacturing Index	3.70	8.80	39.00	-34.40	Index Points	[+]
Richmond Fed Manufacturing Index	16.00	-2.00	29.00	-44.00	Index Points	[+]
Chicago Fed National Activity Index	-0.43	0.05	2.77	-5.25		[+]
Dallas Fed Manufacturing Index	13.10	1.00	47.10	-60.10	Index Points	[+]
Chicago Pmi	64.70	56.70	78.60	21.20	Index Points	[+]
Car Production	2.64	2.61	9.92	1.29	Million Units	[+]
Car Registrations	389.93	445.50	1149.00	331.50	Thousand	[+]
Total Vehicle Sales	16.57	16.70	21.77	9.05	Million	[+]
Crude Oil Stocks Change	-9.59	-3.86	14.42	-15.22	BBL/1Million	[+]
Natural Gas Stocks Change	-47.00	-204.00	147.00	-359.00	Billion cf	[+]
Gasoline Stocks Change	-4587.00	-4624.00	11456.00	-8428.00	Thousand Barrels	[+]
Leading Economic Index	125.13	124.80	125.13	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	-2.13	-2.58	14.30	-12.40	BBL/1Million	[+]
Crude Oil Rigs	824.00	833.00	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	7647.00	7568.00	11951.00	3799.00	Thousand Tonnes	[+]
Mining Production	12.50	15.40	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 March of 2019.