U.S. EIA Crude Oil Inventories

Latest Ralease

Feb 15, 2023

Actual

16.283M

Forecast

1.166M

Previous

4.140M

The Energy Information Administration (EIA) Crude Oil Inventories tracks the weekly change in the quantity of commercial crude oil owned by US companies. Inventory levels affect the price of petroleum products, which may have an effect on inflation. If the rise in petroleum stocks is more than anticipated, it indicates a decline in demand, which is negative for crude prices. The same holds true if a drop in inventory is less than anticipated.

U.S. EIA Crude Oil Inventories History

Release Date

Time

Actual

Forecast

Previous

Feb 15, 2023

23:30

16.283M

1.166M

2.423M

Feb 08, 2023

23:30

2.423M

2.457M

4.140M  

Feb 01, 2023

23:30

4.140M

0.376M

0.533M

Jan 25, 2023

23:30

0.533M

0.971M

8.408M

Jan 20, 2023

00:00

8.408M

-0.593M

18.962M

Jan 11, 2023

23:30

18.962M

-2.243M

1.694M

Jan 06, 2023

00:00

1.694M

1.154M

0.718M

Dec 30, 2022

00:00

0.718M

-1.520M

-5.894M

Dec 21, 2022

23:30

-5.894M

-1.657M

10.231M

Dec 14,2022

23:30

10.231M

-3.595M

-5.187M

Dec 07,2022

23:30

-5.187M

-3.305M

-12.580M

Nov 30,2022

23:30

-12.580M

-2.758M

-3.691M

Nov 23,2022

23:30

-3.691M

-1.055M

-5.400M

Nov 16,2022

23:30

-5.400M

-0.440M

3.925M

Nov 09,2022

23:30

3.925M

1.360M

-3.115M

Nov 02,2022

22:30

-3.115M

0.367M

2.588M

Oct 26,2022

22:30

2.588M

1.029M

-1.725M

0ct 19, 2022

22:30

-1.725M

1.380M

9.880M

0ct13, 2022

23:00

9.880M

1.750M

-1.356M

0ct 05, 2022

22:30

-1.356M

2.052M

-0.215M

Sep 28, 2022

22:30

-0.215M

0.443M

1.142M

Sep 21, 2022

22:30

1.142M

2.161M

2.442M

Sep 14, 2022

22:30

2.442M

0.833M

8.844M

Sep 08, 2022

23:00

8.844M

-0.250M

-3.326M

Aug 31, 2022

22:30

-3.326M

-1.483M

-3.282M

Aug 24, 2022

22:30

-3.282M

-0.933M

-7.056M

Aug 17, 2022

22:30

-7.056M

-0.275M

5.458M

Aug 10, 2022

22:30

5.458M

0.073M

4.467M

Aug 03, 2022

22:30

4.467M

-0.467M

-4.523M

Jul 27, 2022

22:30

-4.523M

-1.037M

-0.446M

Jul 20, 2022

22:30

-0.446M

1.357M

3.254M

Jul 13, 2022

22:30

3.254M

-0.154M

8.235M

Jul 07, 2022

23:00

8.235M

-1.043M

-2.762M

Jun 29, 2022

22:25

-2.762M

-0.569M

-0.386M

Jun 15, 2022

22:30

1.956M

-1.314M

2.025M

Jun 08, 2022

22:30

2.025M

-1.917M

-5.068M

Jun 02, 2022

23:00

-5.068M

-1.350M

-1.019M

May 25, 2022

22:30

-1.019M

-0.737M

-3.394M

May 18, 2022

22:30

-3.394M

-1.383M

8.487M

May 11, 2022

22:30

8.487M

-0.457M

1.302M

May 04, 2022

22:30

1.302M

-0.829M

0.692M

Apr 27, 2022

22:30

0.692M

2.000M

-8.020M

Apr 20, 2022

22:30

-8.020M

2.471M

9.382M

Apr 13, 2022

22:30

9.382M

0.863M

2.421M

Apr 06, 2022

22:30

2.421M

-2.056M

-3.449M

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Basic Info

Next Release

Feb 23, 2023 23:30

Source

Energy Information Administrat

Frequency

weekly

Oil (petroleum) basics

New England’s power grid weathers last weekend’s record-breaking cold and wind

From February 3 to February 5, record-breaking cold temperatures and extreme wind chill in New England created strong electricity demand as homes and businesses turned up the heat to combat the frigid conditions. Despite the widespread and extreme cold, the region’s power grid avoided blackouts and met heightened electricity demand. During the cold snap, temperatures ranged from -10°F in Boston, the coldest temperature recorded in the city since 1957, to -25°F in northern New England. Powerful winds added to the cold. Wind chill records were set in cities across New England, including Boston, where the wind chill reached -39°F. Over the three days of extreme cold, hourly electricity demand in ISO-New England (ISO-NE), the power grid operator for the region, peaked at 19,487 megawatthours (MWh) at 7:00 p.m. eastern time on Friday, February 3, based on data from our Hourly Electric Grid Monitor. Demand approached that level again on the evening of Saturday, February 4, when it reached 19,287 MWh. The all-time high in winter peak demand in ISO-NE was 22,817 MWh in January 2004...

Data source: U.S. Energy Information Administration, Oil and petroleum products explained

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