U.S. Crude Oil Inventories

Latest release date

Aug 9, 2022

Actual

5.5M

Forecast

0.1M

Previous

4.5M


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.

Impact: Low

Country: U.S.

Currency: US Dollar

Source: Energy Information Administration


Date Actual Forecast Previous
August 9, 2022 21:30 5.5M 0.1M 4.5M
August 2, 2022 21:30 4.5M -1.4M -4.5M
July 26, 2022 21:30 -4.5M -1.5M -0.4M
July 19, 2022 21:30 -0.4M 2.1M 3.3M
July 12, 2022 21:30 3.3M -1.5M 8.2M
July 6, 2022 22:00 8.2M -1.6M -2.8M
June 29, 2022 04:00 -1.6M 2.0M
June 29, 2022 04:00 -0.4M -1.6M 2.0M
June 14, 2022 21:30 2.0M -2.3M 2.0M
June 7, 2022 21:30 2.0M -2.6M -5.1M