x
0
SCOTTRADE ACCOUNT IT'S TIME. It's time for an easier way to invest. Open a Scottrade Account
Apply Now

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

Website notifications

Mobile App notifications

 
Latest Release
Feb 15, 2017
Actual
9.527M
Forecast
3.513M
Previous
13.830M
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
Mar 01, 2017 10:30      
Feb 23, 2017 11:00     9.527M
Feb 15, 2017 10:30 9.527M 3.513M 13.830M
Feb 08, 2017 10:30 13.830M 2.529M 6.466M
Feb 01, 2017 10:30 6.466M 3.289M 2.840M
Jan 25, 2017 10:30 2.840M 2.815M 2.347M

News

video_hosted
Oil up over 1% as output cuts hold sway   By Investing.com - 5 hours ago

Investing.com - Oil was higher Tuesday as investors opted to focus on agreed output cuts by major producers.Brent crude was up 85 cents, or 1.51%, at $57.03 at 08:00 ET. U.S. crude added 92 cents, or ...

video_hosted
Wall St mixed as Yellen resumes testimony   By Investing.com - Feb 15, 2017

Investing.com - U.S. stocks were mixed Wednesday as Fed Chair Yellen testifies before the House of Representatives.The DJI was up 0.13% at 10:30 ET after Wall Street hit new record highs overnight.The...

Analysis

Anton Kolhanov
EUR/USD, GBP/USD, EUR/GBP, GOLD, US OIL By Anton Kolhanov - 10 hours ago

FUNDAMENTAL OUTLOOK: This week the dollar will be trading sideways between 1.0520 – 1.0780, because of a lack of important news. Now the market is waiting for a Trump speech about the future of ...

Crude Oil Inventories Discussion

Comment Guidelines

We encourage you to use comments to engage with 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
  • 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.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. 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.

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

 
Are you sure you want to delete this chart?
 
 
Replace the attached chart with a new chart ?
Post 1000
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 (101)
Alex Forex
Alex Forex Feb 07, 2017 12:34AM GMT
Saved. See Saved Items.
This comment has already been saved in your Saved Items
In the reference to "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. " While this is logical, we saw that large reserves actually made Crude Oil even more expensive. Reserves were double than expected (6.466M vs 3.289m) and logically, for that reason price in USD suppose to go down. Oh, well, it did not happen! Price went up! Now, it is time for all beginner traders to understand what really moves Forex market. Top 10 banks in the world move the market! Not Fibonacci etc! When you see sharp swing out of no-where..no news no nothing... banks are moving the market! When you see good news for some currency and currency falls down.. guess what? Banks are going again YOU and logic! They see positions on the market and they go "against you"! This is why 95% of investors stay broke after few months of trading.
Charlie Nicolas
Charlie Nicolas Feb 01, 2017 5:34PM GMT
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Clear pump and dump
Gvenkatesan San
Gvenkatesan San Jan 04, 2017 3:51PM GMT
Saved. See Saved Items.
This comment has already been saved in your Saved Items
buy croud oil
Nora Kiladze
Nora Kiladze Dec 14, 2016 2:41PM GMT
Saved. See Saved Items.
This comment has already been saved in your Saved Items
usd ?cad buy?.
bills agollah
bills Dec 14, 2016 11:59AM GMT
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Oil, Oil, Oil. What's your prediction?
Rune Fardal
Rune Fardal Dec 14, 2016 8:36AM GMT
Saved. See Saved Items.
This comment has already been saved in your Saved Items
How is the "Forcast" estimated? Where does that number come from?
User 41
User 41 Oct 18, 2016 11:42AM GMT
Saved. See Saved Items.
This comment has already been saved in your Saved Items
buy/sell oil.
Will Kennedy
Will Kennedy Sep 21, 2016 7:53AM GMT
Saved. See Saved Items.
This comment has already been saved in your Saved Items
so if it's green usd will go down then? sorry noob here :P
Adil D.
Adil D. Nov 09, 2016 2:06PM GMT
Saved. See Saved Items.
This comment has already been saved in your Saved Items
If there is more than forecast / actual = SELL. . If there is less than forecast / actual = BUY
FX Brainiac
FX Brainiac Jul 07, 2016 3:12PM GMT
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Who is this irresponsible person who added data incorrectly?.Clearly not good in simple maths!.(investing.com) Be professional! This is not the first time!!!!!!!
Jun 22, 2016 1:49PM GMT
Saved. See Saved Items.
This comment has already been saved in your Saved Items
buy crude
Show more comments
 
Are you sure you want to delete this chart?
 
 
Replace the attached chart with a new chart ?
Post 1000
Please wait a minute before you try to comment again.
 
 
 
Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Add Chart to Comment