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United States Crude Oil Stocks Change
Last Release
Dec 13, 2024
Actual
-0.93
Units In
BBL/1Million
Previous
-1.42
Frequency
Weekly
Next Release
Dec 26, 2024
Time to Release
6 Days 18 Hours
Highest | Lowest | Average | Date Range | Source |
21.56 Feb 2021 | -17.05 Jul 2023 | 0.04 BBL/1Million | 1982-2024 | U.S. Energy Information Administration |
Stocks of crude oil refer to the weekly change of the crude oil supply situation.
Latest Updates
Stocks of crude oil in the United States edged lower from the previous week in the second week of December, while stocks of distillate fuel plunged, and stocks of gasoline rose sharply. Stocks of crude oil fell by 934 thousand barrels in the period, extending the 1.425 million barrel draw from the first week of December, but by less than market expectation of a 1.7 million barrel decrease and well below an industry report of a 4.7 million barrel plunge. In turn, stocks at the Cushing, Oklahoma, delivery hub edged higher by 108 thousand barrels. In the meantime, gasoline stocks rose by 2.348 million barrels, loosely in line with the market expectations of a 2 million barrel increase, to contrast with the 3.18 million barrel draw for stocks of distillate fuel.
United States Crude Oil Stocks Change History
Last 12 readings