US crude oil inventories rose by 2.108 million barrels in the July 16th week, ending an eighth consecutive period of declines and compared with market consensus of a 4.466 million fall, data from the EIA Petroleum Status Report showed. Meantime, gasoline inventories were down by 0.121 million barrels, less than forecasts of a 1.043 million decrease. source: U.S. Energy Information Administration

Crude Oil Stocks Change in the United States averaged 0.06 BBL/1Million from 1982 until 2021, reaching an all time high of 21.56 BBL/1Million in February of 2021 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 2021.

Crude Oil Stocks 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 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 2022, according to our econometric models.

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United States Crude Oil Stocks Change

Actual Previous Highest Lowest Dates Unit Frequency
2.11 -7.90 21.56 -15.22 1982 - 2021 BBL/1Million Weekly


Calendar GMT Actual Previous Consensus TEForecast
2021-06-30 02:30 PM 25/Jun -6.718M -7.614M -4.686M
2021-07-08 03:00 PM 02/Jul -6.866M -6.718M -4.033M
2021-07-14 03:30 PM 09/Jul -7.897M -6.866M -4.359M
2021-07-21 02:30 PM 16/Jul 2.108M -7.897M -4.466M
2021-07-28 02:30 PM 23/Jul 2.108M
2021-08-04 02:30 PM 30/Jul
2021-08-11 02:30 PM 06/Aug
2021-08-18 02:30 PM 13/Aug


News Stream
US Crude Stocks Rise for 1st Time in Over 2 Months
US crude oil inventories rose by 2.108 million barrels in the July 16th week, ending an eighth consecutive period of declines and compared with market consensus of a 4.466 million fall, data from the EIA Petroleum Status Report showed. Meantime, gasoline inventories were down by 0.121 million barrels, less than forecasts of a 1.043 million decrease.
2021-07-21
US Crude Stocks Fall for 8th Week
US crude oil inventories dropped by 7.897 million barrels in the July 9th week, an eighth consecutive period of decline and compared with market consensus of a 4.359 million fall, data from the EIA Petroleum Status Report showed. Meantime, gasoline inventories were up by 1.039 million barrels, defying forecasts of a 1.786 million decrease.
2021-07-14
US Crude Stocks Down for 7th Week
Crude stockpiles in the US dropped by 6.866 million barrels in the July 2nd week, to the lowest level since February of 2020, data from the EIA Petroleum Status Report showed. It is the 7th consecutive weekly decline, compared with market consensus of a 4.033 million fall. Meantime, gasoline inventories were down by 6.076 million barrels, much more than forecasts of a 2.176 million decrease, and the biggest decline in 4 months.
2021-07-08
US Crude Stocks Fall More than Forecast
US crude oil inventories dropped by 6.718 million barrels in the June 25th week, a sixth consecutive period of decline and compared with market consensus of a 4.686 million fall, data from the EIA Petroleum Status Report showed. Meantime, gasoline inventories were up by 1.522 million barrels, defying forecasts of a 0.886 million decrease.
2021-06-30

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