Breaking News
Get 40% Off 0
🔎 See NVDA's full ProTips for an instant risks or rewards Claim 40% OFF

U.S. Crude Oil Inventories

Create Alert
New!
Create Alert
Website
  • As an alert notification
  • To use this feature, make sure you are signed-in to your account
Mobile App
  • To use this feature, make sure you are signed-in to your account
  • Make sure you are signed-in with the same user profile

U.S. Crude Oil Inventories

Frequency

Delivery Method

Website popup

Mobile App notifications

Status

 
Latest Release
Feb 14, 2024
Actual
12.018M
Forecast
3.300M
Previous
5.521M
The Energy Information Administration's (EIA) Crude Oil Inventories measures the weekly change in the number of barrels of commercial crude oil held by US firms. The level of inventories influences the price of petroleum products, which can have an impact on inflation.

If the increase in crude inventories is more than expected, it implies weaker demand and is bearish for crude prices. The same can be said if a decline in inventories is less than expected.
If the increase in crude is less than expected, it implies greater demand and is bullish for crude prices. The same can be said if a decline in inventories is more than expected.
Importance:
Country:
Currency: USD
Source: Energy Information Administrat...
U.S. Crude Oil Inventories
 
Release Date Time Actual Forecast Previous
Feb 22, 2024 11:00   3.879M 12.018M
Feb 14, 2024 10:30 12.018M 3.300M 5.521M
Feb 07, 2024 10:30 5.520M 1.700M 1.234M
Jan 31, 2024 10:30 1.234M -0.217M -9.233M
Jan 24, 2024 10:30 -9.233M -2.150M -2.492M
Jan 18, 2024 11:00 -2.492M -0.313M 1.338M

News

Oil inventories rose by 7.2M barrels last week: API
Oil inventories rose by 7.2M barrels last week: API By Investing.com - 9 hours ago

Investing.com -- U.S. crude stockpiles increased more than expected last week, the API reported Wednesday, marking the second-straight week of much larger builds and fueling further focus on robust...

Analysis

Crude Oil Inventories Discussion

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
All Comments (140)
MD MEHEDI HASAN
MD MEHEDI HASAN Feb 14, 2024 6:17AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
USD is buy or sell
Jan 24, 2024 12:20PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Crude should be below $55 until the first fed rate reduction.
Jan 24, 2024 12:04PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
-10 million can be considered a rounding error for the week. These weekly inventory numbers are silly. They don't tell us anything. Just a way to influence commodity prices.
Jose Marquez
Jose Marquez Dec 06, 2023 10:43AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
hammered information... these inventories are not real... reserves in ports and ships en route to these ports are the highest ever, they will have to give up oil...
Gary Smith
Gary Smith Aug 02, 2023 10:08AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
I think general economic outlook has been better than expected lately.
Hakimov Yoqib
Hakimov Yoqib Aug 02, 2023 6:06AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
XAUUSD is buy or sell
Hassan Ikram
Hassan Ikram Aug 02, 2023 6:06AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
sell
Hakimov Yoqib
Hakimov Yoqib Aug 02, 2023 6:01AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
today news buy or sell
Igor Vugrek
Igor Vugrek Jan 26, 2023 7:38AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Isnt inventory every Thursday? no was in Wednesday?
Justin Huang
Justin Huang Jan 25, 2023 9:38AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
test
Mahmood Khan
Mahmood Khan Jan 19, 2023 4:03AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Crude oil fell due to the fear of recession.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email