US crude oil inventories dropped by 4.079 million barrels in the July 9th week, an eight consecutive period of decline and compared with market consensus of a 4.333 million fall, data from the API's Weekly Statistical Bulletin showed. source: American Petroleum Institute (API)

API Crude Oil Stock Change in the United States averaged 0.26 BBL/1Million from 2012 until 2021, reaching an all time high of 14.30 BBL/1Million in February of 2015 and a record low of -12.40 BBL/1Million in November of 2013. This page provides - United States API Crude Oil Stock Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. United States API Crude Oil Stock Change - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.

API Crude Oil Stock 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 API Crude Oil Stock Change in the United States to stand at 4.00 in 12 months time. In the long-term, the United States API Crude Oil Stock Change is projected to trend around 2.00 BBL/1Million in 2022 and 0.50 BBL/1Million in 2023, according to our econometric models.

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United States API Crude Oil Stock Change

Actual Previous Highest Lowest Dates Unit Frequency
-4.08 -7.98 14.30 -12.40 2012 - 2021 BBL/1Million Weekly


Calendar GMT Actual Previous Consensus TEForecast
2021-06-22 08:30 PM 18/Jun -7.199M -8.537M -3.625M
2021-06-29 08:30 PM 25/Jun -8.153M -7.199M -4.460M
2021-07-07 08:30 PM 02/Jul -7.983M -8.153M -3.925M
2021-07-13 08:30 PM 09/Jul -4.079M -7.983M -4.333M
2021-07-20 08:30 PM 16/Jul -4.079M
2021-07-27 08:30 PM 23/Jul
2021-08-03 08:30 PM 30/Jul
2021-08-10 08:30 PM 06/Aug

United States Business Last Previous Highest Lowest Unit
Services PMI 64.60 70.40 70.40 26.70 points [+]
Business Confidence 60.60 61.20 77.50 29.40 points [+]
Manufacturing PMI 62.10 62.10 62.10 36.10 points [+]
Non Manufacturing PMI 60.10 64.00 64.00 37.80 points [+]
Composite PMI 63.70 68.70 68.70 27.00 points [+]
Industrial Production 9.80 16.10 62.00 -33.70 percent [+]
Industrial Production Mom 0.40 0.70 16.60 -13.60 percent [+]
Manufacturing Production 9.80 17.90 67.90 -39.40 percent [+]
Capacity Utilization 75.40 75.10 89.40 63.40 percent [+]
Durable Goods Orders 2.30 -0.80 23.50 -19.00 percent [+]
Durable Goods Orders Ex Defense 1.70 0.50 25.50 -19.70 percent [+]
Durable Goods Orders Ex Transportation 0.30 1.70 7.50 -7.40 percent [+]
Factory Orders Ex Transportation 0.70 1.00 6.10 -8.70 percent [+]
New Orders 495536.00 485156.00 551446.00 223500.00 USD Million [+]
Factory Orders 1.70 -0.10 12.20 -13.00 percent [+]
Business Inventories 0.50 0.10 1.30 -2.20 percent [+]
Changes in Inventories -86.98 62.07 177.30 -287.03 USD Billion [+]
Wholesale Inventories 1.30 1.10 2.10 -1.90 percent [+]
Bankruptcies 19911.00 21655.00 82446.00 19695.00 Companies [+]
Corporate Profits 1983.80 1951.40 2018.50 14.67 USD Billion [+]
NFIB Business Optimism Index 102.50 99.60 108.80 80.10 points [+]
NY Empire State Manufacturing Index 43.00 17.40 43.00 -78.20 points [+]
Philadelphia Fed Manufacturing Index 21.90 30.70 58.50 -57.90 points [+]
Chicago Fed National Activity Index 0.29 -0.09 5.88 -17.71 [+]
Dallas Fed Manufacturing Index 31.10 34.90 48.00 -72.20 points [+]
Richmond Fed Manufacturing Index 22.00 18.00 29.00 -53.00 points [+]
Chicago PMI 66.10 75.20 81.00 20.70 points [+]
Total Vehicle Sales 15.36 16.99 21.77 8.60 Million [+]
Car Production 1.41 1.58 9.92 0.01 Million Units [+]
Car Registrations 386.98 412.61 1149.00 182.77 Thousand [+]
Crude Oil Stocks Change -7.90 -6.87 21.56 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 55.00 16.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change 1039.00 -6076.00 11456.00 -13624.00 Thousand Barrels [+]
Leading Economic Index 127.21 126.27 130.65 45.47 points [+]
Internet Speed 18747.58 17235.62 18747.58 3609.31 KBps [+]
IP Addresses 128949703.00 127873899.00 146874246.00 89399946.00 IP [+]
Crude Oil Rigs 380.00 378.00 1609.00 98.00 [+]
API Crude Oil Stock Change -4.08 -7.98 14.30 -12.40 BBL/1Million [+]
Steel Production 7200.00 6900.00 11951.00 3799.00 Thousand Tonnes [+]
API Crude Runs 0.02 -0.12 1.45 -2.23 BBL/1Million [+]
API Cushing Number -1.59 0.15 6.80 -5.04 BBL/1Million [+]
API Distillate Stocks 3.70 1.09 10.24 -9.05 BBL/1Million [+]
API Gasoline Stocks -1.54 -2.74 9.45 -9.93 BBL/1Million [+]
API Heating Oil -0.07 0.16 1.90 -1.62 BBL/1Million [+]
API Product Imports 0.00 0.05 1.01 -0.72 BBL/1Million [+]
API Crude Imports 0.17 -0.62 1.99 -1.47 BBL/1Million [+]
Cushing Crude Oil Stocks -1589.00 -614.00 6417.00 -5587.00 Thousand Barrels [+]
Corruption Index 67.00 69.00 78.00 67.00 Points [+]
Corruption Rank 25.00 23.00 25.00 14.00 [+]
Crude Oil Imports -1051.00 558.00 2702.00 -2746.00 Thousand Barrels [+]
Competitiveness Index 83.67 85.64 85.64 5.42 Points [+]
Competitiveness Rank 2.00 1.00 7.00 1.00 [+]
Distillate Fuel Production -41.00 -62.00 806.00 -953.00 Thousand Barrels [+]
Distillate Stocks 3657.00 1616.00 11205.00 -13011.00 Thousand Barrels [+]
Ease of Doing Business 6.00 8.00 8.00 4.00 [+]
Gasoline Production -696.00 976.00 1373.00 -1638.00 Thousand Barrels [+]
Refinery Crude Runs -22.00 -184.00 2407.00 -3253.00 Thousand Barrels [+]
Lmi Inventory Costs 89.40 83.80 89.40 59.50 points [+]
Lmi Logistics Managers Index Current 75.00 71.30 75.00 51.31 points [+]
Lmi Logistics Managers Index Future 69.70 73.00 73.00 57.50 points [+]
Lmi Transportation Prices 87.30 91.20 95.81 37.66 points [+]
Lmi Warehouse Prices 85.40 83.10 85.40 58.97 points [+]
Mining Production 17.80 17.00 108.20 -28.80 percent [+]
Kansas Fed Manufacturing Index 30.00 32.00 40.00 -62.00 points [+]
Grain Stocks Corn 4.11 7.70 12.52 1.73 Billion Bushels [+]
Grain Stocks Soy 0.77 1.56 3.74 0.09 Billion Bushels [+]
Grain Stocks Wheat 0.84 1.31 2.53 0.72 Billion Bushels [+]
Heating Oil Stocks -669.00 -373.00 94208.00 -92090.00 Thousand Barrels [+]


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