Crude oil inventories in the US rose by 3.165 million barrels in the week ended March 22, 2024, defying market expectations of a 1.275 million decrease, data from the EIA Petroleum Status Report showed. Also, crude stocks at the Cushing, Oklahoma, delivery hub went up by 2.107 million barrels, following an 18 thousand barrel decrease. Furthermore, gasoline stocks increased by 1.299 million, against forecasts of a 1.65 million fall. On the other hand, distillate stockpiles, which include diesel and heating oil, went down by 1.185 million barrels, compared with the consensus of a 518 thousand rise. source: U.S. Energy Information Administration

Stocks of crude oil in the United States increased by 3.17million barrels in the week ending March 22 of 2024. Crude Oil Stocks Change in the United States averaged 0.09 BBL/1Million from 1982 until 2024, 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 March of 2024.



Calendar GMT Reference Actual Previous Consensus TEForecast
2024-03-20 02:30 PM
EIA Crude Oil Stocks Change
Mar/15 -1.952M -1.536M 0.013M
2024-03-27 02:30 PM
EIA Crude Oil Stocks Change
Mar/22 3.165M -1.952M -1.275M
2024-04-03 02:30 PM
EIA Crude Oil Stocks Change
Mar/29 3.165M


Related Last Previous Unit Reference
EIA Crude Oil Imports Change 1124.00 -947.00 Thousand Barrels Mar 2024
EIA Crude Oil Stocks Change 3.17 -1.95 BBL/1Million Mar 2024
EIA Cushing Crude Oil Stocks Change 2107.00 -18.00 Thousand Barrels Mar 2024
EIA Distillate Fuel Production Change 124.00 128.00 Thousand Barrels Mar 2024
EIA Distillate Stocks Change -1185.00 624.00 Thousand Barrels Mar 2024
EIA Gasoline Production Change -435.00 -263.00 Thousand Barrels Mar 2024
EIA Gasoline Stocks Change 1299.00 -3310.00 Thousand Barrels Mar 2024
EIA Heating Oil Stocks Change -609.00 486.00 Thousand Barrels Mar 2024
EIA Natural Gas Stocks Change -36.00 7.00 billion cubic feet Mar 2024
EIA Refinery Crude Runs Change 147.00 127.00 Thousand Barrels Mar 2024
Strategic Petroleum Reserve Crude Oil Stocks 363050.00 362306.00 Thousand Barrels Mar 2024

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
3.17 -1.95 21.56 -17.05 1982 - 2024 BBL/1Million Weekly

News Stream
US Crude Inventories Unexpectedly Rise: EIA
Crude oil inventories in the US rose by 3.165 million barrels in the week ended March 22, 2024, defying market expectations of a 1.275 million decrease, data from the EIA Petroleum Status Report showed. Also, crude stocks at the Cushing, Oklahoma, delivery hub went up by 2.107 million barrels, following an 18 thousand barrel decrease. Furthermore, gasoline stocks increased by 1.299 million, against forecasts of a 1.65 million fall. On the other hand, distillate stockpiles, which include diesel and heating oil, went down by 1.185 million barrels, compared with the consensus of a 518 thousand rise.
2024-03-27
US Crude Inventories Fall the Most in 2 Months
Crude oil inventories in the US fell by 1.952 million barrels in the week ended March 15th, 2024, compared with market expectations of a 0.013 million increase, data from the EIA Petroleum Status Report showed. It marks the second consecutive week of declines in US crude inventories, and the highest in two months, as exports went up and refiners continued to increase activity. Also, crude stocks at the Cushing, Oklahoma, delivery hub went down by 18 thousand barrels, following a 220 thousand barrel decrease last week. Furthermore, gasoline stocks dropped by 3.331 million, way more than forecasts of a 1.35 million fall. On the other hand, distillate stockpiles, which include diesel and heating oil, went up by 624 thousand barrels, defying the consensus of an 87 thousand decrease.
2024-03-20
US Crude Inventories Unexpectedly Fall: EIA
Crude oil inventories in the US fell by 1.536 million barrels in the week ended March 8, 2024, compared with market expectations of a 1.338 million increase, data from the EIA Petroleum Status Report showed. It was the first decline in seven weeks. Also, crude stocks at the Cushing, Oklahoma, delivery hub went down by 220 thousand barrels, following a 701 thousand barrel increase last week. Furthermore, gasoline stocks dropped by 5.662 million, the most in nearly one year and above forecasts of 1.9 million. On the other hand, distillate stockpiles, which include diesel and heating oil, went up by 888 thousand barrels, defying the consensus of a 150 thousand increase.
2024-03-13