U.S. Crude Oil Inventories

USD
Actual
-0.427M
Forecast
-2.817M
Previous
-7.990M
Latest Release
May 12, 2021
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
May 12, 2021 20:00 -0.427M -2.817M
-7.990M
May 05, 2021 20:00 -7.990M -2.346M
0.090M
Apr 28, 2021 20:00 0.090M 0.659M
0.594M
Apr 21, 2021 20:00 0.594M -2.975M
-5.889M
Apr 14, 2021 20:00 -5.889M -2.889M
-3.522M
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EIA Crude Oil Inventories News & Analysis
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  • Sameer More @Sameer More
    Feb 24, 202121:001.285M-5.190M-7.258M
    Like 0
  • Sameer More @Sameer More
    ActualForecastPreviousFeb 24, 202121:001.285M-5.190M-7.258M
    Like 0
  • Preeti Singh @Preeti Singh
    क्रुड की एंवेन्ट्री क्या आई
    Like 1
  • ABINESH RAMESH @ABINESH RAMESH
    here after crude may fall down
    Like 1
    • senthil kumar @senthil kumar
      Like 0
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