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U.S. Crude Oil Inventories

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U.S. Crude Oil Inventories

Frequency

Delivery Method

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Status

 
Latest Release
Nov 20, 2024
Actual
0.545M
Forecast
0.400M
Previous
2.089M
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
Nov 20, 2024 23:30 0.545M 0.400M 2.089M
Nov 15, 2024 00:00 2.089M 0.400M 2.149M
Nov 06, 2024 23:30 2.149M 0.300M -0.515M
Oct 30, 2024 22:30 -0.515M 1.500M 5.474M
Oct 23, 2024 22:30 5.474M 0.800M -2.191M
Oct 17, 2024 23:00 -2.191M 1.800M 5.810M

News

US stock futures mostly lower; Nvidia guidance underwhelms
US stock futures mostly lower; Nvidia guidance underwhelms By Investing.com - 13 minutes ago

Investing.com -- US stock index futures mostly fell Thursday, weighed by disappointing guidance from artificial intelligence major Nvidia as well as increased tensions between Russia and Ukraine. At...

Analysis

Crude Oil Inventories Discussion

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