U.S. Crude Oil Inventories

USD
Actual
-1.356M
Forecast
2.052M
Previous
-0.215M
Latest Release
Oct 05, 2022
Importance
Overview
The Energy Information Administration's (EIA) Crude Oil Inventories measures the weekly change in the number of barrels of commercial crude oil held by US firms. The level of inventories influences the price of petroleum products, which can have an impact on inflation.

If the increase in crude inventories is more than expected, it implies weaker demand and is bearish for crude prices. The same can be said if a decline in inventories is less than expected.
If the increase in crude is less than expected, it implies greater demand and is bullish for crude prices. The same can be said if a decline in inventories is more than expected.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Oct 05, 2022 20:00 -1.356M 2.052M
-0.215M
Sep 28, 2022 20:00 -0.215M 0.443M
1.142M
Sep 21, 2022 20:00 1.142M 2.161M
2.442M
Sep 14, 2022 20:00 2.442M 0.833M
8.844M
Sep 08, 2022 20:30 8.844M -0.250M
-3.326M
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EIA Crude Oil Inventories News & Analysis
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100
  • BNR NAMAKKAL @BNR NAMAKKAL
    HOW TO UNDERSTAND THIS INVENTORY
    Like 3
  • Rahul Balot @Rahul Balot
    Inventory data late show
    Like 4
  • Arun Muthuvijayan @Arun Muthuvijayan
    Simple: Green = Bullish & Red = Bearish for Crude price.
    Like 8
  • thiru mal @thiru mal
    how to understand this date
    Like 1

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