United States API Crude Oil Stock Change

Last Release

Dec 13, 2024

Actual

-4.7

Units In

BBL/1Million

0.5

Frequency

Weekly

Next Release

Dec 24, 2024

Time to Release

5 Days 21 Hours

Highest	Lowest	Average	Date Range	Source
14.87 Jan 2023	-15.4 Jul 2023	0.16 BBL/1Million	2012-2024	American Petroleum Institute (API)

Stocks of crude oil refer to the weekly change of the crude oil supply situation.

Latest Updates

US crude oil inventories dropped by 4.7 million barrels for the week ending December 13, 2024, following a 0.499 million barrels increase in a week earlier, data from API's Weekly Statistical Bulletin showed. It marks the fourth week of draw in the last eight weeks, beating market expectations of a 1.85 million barrel decline.