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1. • • Wednesday's EIA report showed that (1) US crude oil inventories as of June 21 were -1.5% below the seasonal 5-year average, (2) gasoline inventories were -0.2% below the seasonal 5-year average, and (3) distillate inventories were -8.8% below the 5-year seasonal average.
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     Crude Prices Finish Higher on the Outlook for Global Oil ...

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   Are US crude oil inventories below the seasonal average?

   • Wednesday's EIA report showed that (1) US crude oil inventories as of June 21 were -1.5% below the seasonal 5-year average, (2) gasoline inventories were -0.2% below the seasonal 5-year average, and (3) distillate inventories were -8.8% below the 5-year seasonal average.

   Crude Ends Slightly Higher as the Crack Spread Strengthens

   www.nasdaq.com/articles/crude-ends-slightly-higher-crack-spread-strengthens

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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 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 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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   Are commercial crude inventories declining?

   • Commercial crude inventories have declined in five of the most recent six weeks, according to surveys conducted by the U.S. Energy Information Administration (“ Weekly petroleum status report ”, EIA, Aug. 30).

   Depleting US crude inventories lift oil prices | Reuters

   www.reuters.com/markets/commodities/depleting-us-crude-inventories-lift-oil-prices-kemp-2023-08-31/

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   What was US crude oil production in the week ending June 21?

   • US crude oil production in the week ending June 21 was unchanged w/w at 13.2 million bpd, just below the recent record high of 13.3 million bpd. Baker Hughes reported last Friday that active US oil rigs in the week ending June 21 fell -3 rigs to a 2-1/3 year low of 485 rigs.

   Crude Ends Slightly Higher as the Crack Spread Strengthens

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3. www.reuters.com › markets › commoditiesDepleting US crude inventories lift oil prices | Reuters

   www.reuters.com › markets › commodities

   Sep 1, 2023 · LONDON, Aug 31 (Reuters) - U.S. commercial crude oil inventories have depleted by 34 million barrels since the middle of July, contributing to a sense the market is tightening and driving a...

4. www.nasdaq.com › articles › crude-ends-slightlyCrude Ends Slightly Higher as the Crack Spread Strengthens

   www.nasdaq.com › articles › crude-ends-slightly

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   2 days ago · Crude oil prices have underlying support from concern about the Hamas-Israel conflict. ... US crude oil inventories as of June 21 were -1.5% below the seasonal 5-year average, (2) gasoline ...

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6. www.theglobeandmail.com › investing › marketsCrude Prices Finish Higher on the Outlook for Global Oil ...

   www.theglobeandmail.com › investing › markets

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   1 day ago · Crude oil prices have underlying support from concern about the Hamas-Israel conflict. ... US crude oil inventories as of June 21 were -1.5% below the seasonal 5-year average, (2) gasoline ...

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

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

   • Cached

   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...

8. oilprice.com › Latest-Energy-News › World-NewsOil Prices Hold Up Against Falling U.S. Crude Oil Inventories

   oilprice.com › Latest-Energy-News › World-News

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   Jun 18, 2024 · On Tuesday, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) rose by 0.4 million barrels as of June 14. Inventories are now at...

9. oilprice.com › Energy › Oil-PricesTight U.S. Oil Inventories Prop Up Oil Prices | OilPrice.com

   oilprice.com › Energy › Oil-Prices

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   Dec 20, 2021 · At 428.3 million barrels, crude oil inventories remain 7% below the five-year average for this time of the year. Last week’s draw compares with a modest 200,000-barrel decline in crude...

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

    ir.eia.gov › wpsr › wpsrsummary

    U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 3.6 million barrels from the previous week. At 460.7 million barrels, U.S. crude oil inventories are about 2% below the five year average for this time of year.