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1. • • Last Thursday's EIA report showed that (1) US crude oil inventories as of June 14 were -3.6% below the seasonal 5-year average, (2) gasoline inventories were -1.5% below the seasonal 5-year average, and (3) distillate inventories were -8.2% below the 5-year seasonal average.
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     Crude Gains on Dollar Weakness and the Outlook for Reduced US ...

2. People also ask

   How many barrels of crude oil are in the United States?

   • At 454.7 million barrels, U.S. crude oil inventories are about 4% below the five year average for this time of year. Total motor gasoline inventories increased by 2.0 million barrels from last week and are about 1% below the five year average for this time of year. Both finished gasoline and blending components inventories increased last week.

   Summary of Weekly Petroleum Data for the week ending May 17, 2024

   ir.eia.gov/wpsr/wpsrsummary.pdf?source=content_type:react|first_level_url:news|section:main_content|button:body_link

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   What happened to US crude oil inventories?

   • U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 4.2 million barrels from the previous week. At 454.7 million barrels, U.S. crude oil inventories are about 4% below the five year average for this time of year.

   Summary of Weekly Petroleum Data for the week ending May 17, 2024

   ir.eia.gov/wpsr/wpsrsummary.pdf?source=content_type:react|first_level_url:news|section:main_content|button:body_link

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   How did crude inventories change over the past 10 years?

   • In the United States, commercial crude inventories increased by 7 million barrels over the nine weeks ending on June 21, compared with average depletion of 10 million barrels over the same period in the previous 10 years.

   Oil traders expect large inventory draw in third quarter

   www.reuters.com/markets/commodities/oil-traders-expect-large-inventory-draw-third-quarter-kemp-2024-06-28/

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   What are crude oil inventories?

   • 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.

   United States Crude Oil Inventories - Investing.com

   www.investing.com/economic-calendar/eia-crude-oil-inventories-75/

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   What happened to crude & gasoline inventories?

   • June 26 (Reuters) - U.S. crude and gasoline inventories rose as demand softened, while distillate stockpiles fell last week, the Energy Information Administration said on Wednesday.

   US crude, gasoline stockpiles rise on weaker demand, distillates fall, EIA …

   www.reuters.com/markets/commodities/us-crude-stocks-gasoline-inventories-rise-distillate-inventories-fall-eia-says-2024-06-26/

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   What happened to oil inventories on June 21?

   • As a result, inventories were 6 million barrels (+2% or +0.12 standard deviation) above the previous 10-year seasonal average on June 21, erasing a deficit of 11 million barrels (-2% or -0.22 standard deviation) on April 19. Chartbook: U.S. oil inventories

   Oil traders expect large inventory draw in third quarter

   www.reuters.com/markets/commodities/oil-traders-expect-large-inventory-draw-third-quarter-kemp-2024-06-28/

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3. ir.eia.gov › wpsr › wpsrsummarySummary of Weekly Petroleum Data for the week ending June 21 ...

   ir.eia.gov › wpsr › wpsrsummary

   At 460.7 million barrels, U.S. crude oil inventories are about 2% below the five year average for this time of year. Total motor gasoline inventories increased by 2.7 million barrels from last week and the same as the five year average for this time of year.

4. www.reuters.com › markets › commoditiesOil traders expect large inventory draw in third quarter

   www.reuters.com › markets › commodities

   11 hours ago · Cushing inventories were 10 million barrels (-22% or -0.66 standard deviation) below the seasonal average on June 21, little changed from a deficit of 12 million barrels (-27% or -0.89 standard ...

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6. fingfx.thomsonreuters.com › gfx › ceU.S. crude oil inventories and prices

   fingfx.thomsonreuters.com › gfx › ce

   U.S. crude oil futures calendar spread from March to April 2024 U.S.$ per barrel, contango (-) or backwardation (+), daily and 21-day centred average JanÞ5, 2024

7. www.eia.gov › petroleum › supplyWeekly Petroleum Status Report - U.S. Energy Information ...

   www.eia.gov › petroleum › supply

   5 days ago · At 457.1 million barrels, U.S. crude oil inventories are about 4% below the five year average for this time of year. Total motor gasoline inventories decreased by 2.3 million barrels from last week and are about 1% below the five year average for this time of year.

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8. www.eia.gov › petroleum › weeklyThis Week In Petroleum Crude Oil Section - U.S. Energy ...

   www.eia.gov › petroleum › weekly

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   Jun 20, 2024 · U.S. Crude Oil Production, Imports, Exports, Stocks, Supply, Prices, Data and Analysis from Energy Information Administration (U.S. Dept. of Energy)

9. www.investing.com › eia-crude-oil-inventories-75United States Crude Oil Inventories - Investing.com

   www.investing.com › eia-crude-oil-inventories-75

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   3 days ago · 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...

10. www.reuters.com › markets › commoditiesUS crude, gasoline stockpiles rise on weaker demand ...

    www.reuters.com › markets › commodities

    2 days ago · June 26 (Reuters) - U.S. crude and gasoline inventories rose as demand softened, while distillate stockpiles fell last week, the Energy Information Administration said on Wednesday. Crude ...