US crude oil inventories fell by 10.584 million barrels in the week to August 25, 2023, well above market expectations for a 3.267 million barrel draw. Also, crude stocks at the Cushing, Oklahoma, delivery hub decreased by 1.504 million barrels, following a 3.133 million decrease in the previous week. Meanwhile, gasoline stocks fell by 214 thousand barrels, compared with forecast of a 933 thousand-barrel draw; and distillate stockpiles, which include diesel and heating oil, rose by 1.235 million barrels, versus expectations for a 189 thousand barrels injection. source: U.S. Energy Information Administration

Crude Oil Stocks Change in the United States averaged 0.05 BBL/1Million from 1982 until 2023, reaching an all time high of 21.56 BBL/1Million in February of 2021 and a record low of -17.05 BBL/1Million in July of 2023. 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 August of 2023.

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United States Crude Oil Stocks Change



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-08-23 02:30 PM Aug/18 -6.135M -5.96M -2.85M
2023-08-30 02:30 PM Aug/25 -10.584M -6.135M -3.267M
2023-09-07 03:00 PM Sep/01 -10.584M


Related Last Previous Unit Reference
Gasoline Stocks Change -214.00 1467.00 Thousand Barrels Aug 2023
Crude Oil Stocks Change -10.58 -6.14 BBL/1Million Aug 2023
Natural Gas Stocks Change 18.00 35.00 billion cubic feet Aug 2023
Heating Oil Stocks 170.00 502.00 Thousand Barrels Aug 2023
Refinery Crude Runs -173.00 30.00 Thousand Barrels Aug 2023
Crude Oil Imports -586.00 116.00 Thousand Barrels Aug 2023
Gasoline Production 290.00 130.00 Thousand Barrels Aug 2023
Distillate Stocks 1235.00 945.00 Thousand Barrels Aug 2023
Distillate Fuel Production -43.00 337.00 Thousand Barrels Aug 2023
Cushing Crude Oil Stocks -1504.00 -3133.00 Thousand Barrels Aug 2023

United States Crude Oil Stocks Change
Stocks of crude oil refer to the weekly change of the crude oil supply situation.
Actual Previous Highest Lowest Dates Unit Frequency
-10.58 -6.14 21.56 -17.05 1982 - 2023 BBL/1Million Weekly

News Stream
US Crude Stocks Fall More than Expected: EIA
US crude oil inventories fell by 10.584 million barrels in the week to August 25, 2023, well above market expectations for a 3.267 million barrel draw. Also, crude stocks at the Cushing, Oklahoma, delivery hub decreased by 1.504 million barrels, following a 3.133 million decrease in the previous week. Meanwhile, gasoline stocks fell by 214 thousand barrels, compared with forecast of a 933 thousand-barrel draw; and distillate stockpiles, which include diesel and heating oil, rose by 1.235 million barrels, versus expectations for a 189 thousand barrels injection.
2023-08-30
US Crude Stocks Fall More than Expected: EIA
US crude oil inventories fell by 6.135 million barrels in the week to August 18, 2023, above market expectations for a 2.85 million barrel draw. Also, crude stocks at the Cushing, Oklahoma, delivery hub decreased by 3.133 million barrels, following a 837 thousand decrease in the previous week. On the other hand, gasoline stocks rose by 1.467 million barrels, compared with forecast of a 888 thousand-barrel draw; and distillate stockpiles, which include diesel and heating oil, rose by 945 thousand barrels, versus expectations for a 218 thousand barrels injection.
2023-08-23
US Crude Stocks Fall More than Expected: EIA
US crude oil inventories fell by 5.96 million barrels in the week to August 11, 2023, above market expectations for a 2.32 million barrel draw. Also, crude stocks at the Cushing, Oklahoma, delivery hub decreased by 837 thousand barrels, down from a 159 thousand injection in the previous week. Gasoline stocks declined by 261 thousand million barrels, below the forecast of a 1.26 million-barrel draw; and distillate stockpiles, which include diesel and heating oil, rose by 296 thousand barrels, versus expectations for a 473 thousand barrels decline.
2023-08-16