Stocks of crude oil in the US plunged by 11.486 million barrels in the week that ended August 25th, 2023, after a 2.418 million barrels decrease in the previous week, data from the API's Weekly Statistical Bulletin showed. It marked the sharpest decline in crude oil inventories since the week ended September 2nd, 2016, compared with market expectations of a 2.9 million barrels decrease. source: American Petroleum Institute (API)

API Crude Oil Stock Change in the United States averaged 0.20 BBL/1Million from 2012 until 2023, reaching an all time high of 14.87 BBL/1Million in January of 2023 and a record low of -15.40 BBL/1Million in July of 2023. This page provides - United States API Crude Oil Stock Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. United States API Crude Oil Stock Change - data, historical chart, forecasts and calendar of releases - was last updated on August of 2023.

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United States API Crude Oil Stock Change



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-08-22 08:30 PM Aug/18 -2.418M -6.195M -2.900M
2023-08-29 08:30 PM Aug/25 -11.486M -2.418M -2.900M
2023-09-06 08:30 PM Sep/01


Related Last Previous Unit Reference
API Crude Oil Stock Change -11.49 -2.42 BBL/1Million Aug 2023
API Crude Imports 0.11 -0.32 BBL/1Million Aug 2023
API Product Imports 0.20 0.33 BBL/1Million Aug 2023
API Heating Oil 0.44 0.79 BBL/1Million Aug 2023
API Gasoline Stocks 1.40 1.90 BBL/1Million Aug 2023
API Distillate Stocks 2.46 -0.15 BBL/1Million Aug 2023
API Cushing Number -2.24 -2.12 BBL/1Million Aug 2023
API Crude Runs -0.13 -0.05 BBL/1Million Aug 2023

United States API Crude Oil Stock Change
Stocks of crude oil refer to the weekly change of the crude oil supply situation.
Actual Previous Highest Lowest Dates Unit Frequency
-11.49 -2.42 14.87 -15.40 2012 - 2023 BBL/1Million Weekly

News Stream
US Crude Oil Inventories Tumble More than Expected: API
Stocks of crude oil in the US plunged by 11.486 million barrels in the week that ended August 25th, 2023, after a 2.418 million barrels decrease in the previous week, data from the API's Weekly Statistical Bulletin showed. It marked the sharpest decline in crude oil inventories since the week ended September 2nd, 2016, compared with market expectations of a 2.9 million barrels decrease.
2023-08-29
US Crude Oil Inventories Drop Less than Expected: API
Stocks of crude oil in the US went down by 2.418 million barrels in the week that ended August 18th, 2023, after a 6.195 million barrels decrease in the previous week, while analysts expected a 2.9 million barrels fall, data from the API's Weekly Statistical Bulletin showed.
2023-08-22
US Crude Oil Inventories Fall More than Estimates: API
Stocks of crude oil in the US dropped by 6.195 million barrels in the week that ended August 11th, 2023, after a 4.067 million barrels increase in the previous week, while the market expected a 2.050 million decline, data from the API's Weekly Statistical Bulletin showed.
2023-08-15