U.S. EIA Crude Oil Inventories

Latest Ralease

Feb 24, 2023

Actual

7.648M

Forecast

2.083M

Previous

16.283M

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 24, 2023

23:30

7.648M

2.083M

16.283M

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

Mar, 1, 2023 23:30

Source

Energy Information Administrat

Frequency

weekly

Energy knowledge

After dropping to a 20-year low, western U.S. hydropower generation rose 13% last year

After decreasing to a 20-year low for the 2020–21 water year, hydropower production in the western United States increased slightly during last year’s water year, rising 13% to reach 161 million megawatthours (MWh). Western hydro generation can vary significantly from year to year because it follows rain and snowpack patterns. A water year covers the 12-month period from October 1 through September 30. The water year follows the water cycle; precipitation in the fall or early winter does not affect stream and river flows until the following spring and summer. The western United States—Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, Wyoming, California, Oregon, and Washington—produced 61% of the country’s hydroelectricity last water year (2021–22). Increases in hydropower generation in the region’s three largest hydropower-producing states—Washington, Oregon, and California—drove last year’s rise in western hydroelectric generation. Combined, these states made up 82% of western hydropower generation in the 2021–22 water year.....

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

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