US crude oil inventories dropped by 7.99 million barrels in the April 30th week, the largest decline since mid-January and compared with market forecasts of a 2.346 million fall, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were up by 0.737 million barrels, defying market expectations of a 0.652 million decrease. source: U.S. Energy Information Administration

Crude Oil Stocks Change in the United States averaged 0.08 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 May of 2021.

Crude Oil Stocks Change in the United States is expected to be 10.00 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
-7.99 0.09 21.56 -15.22 1982 - 2021 BBL/1Million Weekly


Calendar GMT Actual Previous Consensus TEForecast
2021-04-14 02:30 PM 09/Apr -5.889M -3.522M -2.889M
2021-04-21 02:30 PM 16/Apr 0.594M -5.889M -2.975M
2021-04-28 02:30 PM 23/Apr 0.09M 0.594M 0.659M
2021-05-05 02:30 PM 30/Apr -7.99M 0.09M -2.346M
2021-05-12 02:30 PM 07/May -7.99M
2021-05-19 02:30 PM 14/May
2021-05-26 02:30 PM 21/May
2021-06-03 03:00 PM 28/May


News Stream
US Crude Stocks Post Biggest Fall in Over 3 Months
US crude oil inventories dropped by 7.99 million barrels in the April 30th week, the largest decline since mid-January and compared with market forecasts of a 2.346 million fall, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were up by 0.737 million barrels, defying market expectations of a 0.652 million decrease.
2021-05-05
US Crude Inventories Rise Less than Forecast
US crude oil inventories rose by 0.09 million barrels in the April 23rd week, following a 0.594 million increase in the previous period and compared with market forecasts of a 0.659 million advance, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were up by 0.092 million barrels, less than market expectations of a 0.508 million increase.
2021-04-28
US Crude Oil Stocks Unexpectedly Rise
US crude oil inventories rose by 0.594 million barrels in the April 16th week, following a 5.889 million decline in the previous period and compared with market forecasts of a 2.975 million drop, according to the EIA Petroleum Status Report. Meantime, gasoline inventories rose by 0.086 million barrels, less than market expectations of a 0.464 million increase.
2021-04-21
US Crude Oil Stocks Fall More than Forecast
US crude oil inventories fell by 5.889 million barrels in the April 9th week, following a 3.522 million decline in the previous period and compared with market forecasts of a 2.889 million drop, according to the EIA Petroleum Status Report. Meantime, gasoline inventories rose by 0.309 million barrels, less than market expectations of a 0.786 million increase.
2021-04-14

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