US crude oil inventories dropped by 3.135 million barrels in the week ended December 11th, 2020, following a 15.189 million increase in the previous week and compared with market expectations of a 1.937 million fall, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were up by 1.020 million barrels, while markets had forecast a bigger 1.614 million rise. source: U.S. Energy Information Administration

Crude Oil Stocks Change in the United States averaged 0.09 BBL/1Million from 1982 until 2020, reaching an all time high of 19.25 BBL/1Million in April of 2020 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 December of 2020.

Crude Oil Stocks Change in the United States is expected to be 2.60 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 2021, according to our econometric models.

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United States Crude Oil Stocks Change

Actual Previous Highest Lowest Dates Unit Frequency
-3.14 15.19 19.25 -15.22 1982 - 2020 BBL/1Million Weekly


Calendar GMT Actual Previous Consensus TEForecast
2020-11-25 03:30 PM 20/Nov -0.754M 0.768M 0.127M
2020-12-02 03:30 PM 27/Nov -0.679M -0.754M -2.358M
2020-12-09 03:30 PM 04/Dec 15.189M -0.679M -1.424M
2020-12-16 03:30 PM 11/Dec -3.135M 15.189M -1.937M
2020-12-23 03:30 PM 18/Dec -3.135M
2020-12-30 03:30 PM 25/Dec
2021-01-06 03:30 PM 01/Jan
2021-01-13 03:30 PM 08/Jan


News Stream
US Crude Oil Inventories Fall More Than Expected
US crude oil inventories dropped by 3.135 million barrels in the week ended December 11th, 2020, following a 15.189 million increase in the previous week and compared with market expectations of a 1.937 million fall, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were up by 1.020 million barrels, while markets had forecast a bigger 1.614 million rise.
2020-12-16
US Crude Inventories Rise Most in 8 Months
US crude oil inventories rose by 15.189 million barrels in the week ended December 4th, 2020, the largest increase since a record seen in April and compared with market expectations of a 1.424 million fall, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were up by 4.222 million barrels, while markets had forecast a smaller 2.271 million rise.
2020-12-09
US Crude Stocks Fall Less than Expected
US crude oil inventories dropped by 0.679 million barrels in the week ended November 27th, 2020, following a 0.754 million decrease in the previous period and compared with market expectations of a 2.358 million fall, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were up by 3.491 million barrels, while markets had forecast a smaller 2.386 million rise.
2020-12-02
US Crude Inventories Fall Unexpectedly
US crude oil inventories dropped by 0.754 million barrels in the week ended November 20th, 2020, following a 0.768 million increase in the previous period and compared with market expectations of a 0.127 million advance, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were up by 2.2 million barrels, while markets had forecast a smaller 0.6 million rise.
2020-11-25

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