US crude oil inventories fell by 9.603 million barrels in the week ending June 23, 2023, more than market expectations of a 1.757 million draw, data from the EIA Petroleum Status Report showed. Crude stocks at the Cushing, Oklahoma delivery hub rose by 1.209 million barrels, following a 98 thousand decrease in the previous period. Meanwhile, distillate stockpiles, which include diesel and heating oil, went up by 0.124 million barrels, less than the consensus for a 0.782 million rise and gasoline inventories increased by 0.603 million, compared with forecasts of a 0.126 million drop. source: U.S. Energy Information Administration
| Calendar | GMT | Reference | Actual | Previous | Consensus | TEForecast | |
|---|---|---|---|---|---|---|---|
| 2023-06-22 | 03:00 PM | Jun/16 | -3.831M | 7.919M | 0.329M | ||
| 2023-06-28 | 02:30 PM | Jun/23 | -9.603M | -3.831M | -1.757M | ||
| 2023-07-06 | 03:00 PM | Jun/30 | -9.603M | ||||
| Related | Last | Previous | Unit | Reference |
|---|---|---|---|---|
| Gasoline Stocks Change | 603.00 | 479.00 | Thousand Barrels | Jun 2023 |
| Crude Oil Stocks Change | -9.60 | -3.83 | BBL/1Million | Jun 2023 |
| Natural Gas Stocks Change | 95.00 | 84.00 | billion cubic feet | Jun 2023 |
| Refinery Crude Runs | -216.00 | -116.00 | Thousand Barrels | Jun 2023 |
| Heating Oil Stocks | -529.00 | -380.00 | Thousand Barrels | Jun 2023 |
| Crude Oil Imports | -376.00 | -1493.00 | Thousand Barrels | Jun 2023 |
| Gasoline Production | 298.00 | -352.00 | Thousand Barrels | Jun 2023 |
| Distillate Stocks | 124.00 | 433.00 | Thousand Barrels | Jun 2023 |
| Distillate Fuel Production | -368.00 | 89.00 | Thousand Barrels | Jun 2023 |
| Cushing Crude Oil Stocks | 1209.00 | -98.00 | Thousand Barrels | Jun 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 | ||
|---|---|---|---|---|---|---|---|---|
| -9.60 | -3.83 | 21.56 | -15.22 | 1982 – 2023 | BBL/1Million | Weekly |
News Stream
US Crude Stocks Fall More than Expected: EIA
US crude oil inventories fell by 9.603 million barrels in the week ending June 23, 2023, more than market expectations of a 1.757 million draw, data from the EIA Petroleum Status Report showed. Crude stocks at the Cushing, Oklahoma delivery hub rose by 1.209 million barrels, following a 98 thousand … more
2023-06-28
US Crude Inventories Unexpectedly Fall: EIA
US crude oil inventories fell by 3.831 million barrels in the week ending June 16, 2023, compared with market expectations of a 0.329 million build, data from the EIA Petroleum Status Report showed. Also, crude stocks at the Cushing, Oklahoma delivery hub went down by 98 thousand barrels, following … more
2023-06-22
US Crude Stocks Rise the Most in 17 Weeks
US crude oil inventories surged by 7.919 million barrels in the week ending June 9, 2023, the most in 17 weeks and compared with market expectations of a 0.51 million draw, data from the EIA Petroleum Status Report showed. Also, crude stocks at the Cushing, Oklahoma, delivery hub rose by 1.554 milli… more
2023-06-14
Original Article: https://tradingeconomics.com/united-states/crude-oil-stocks-change
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