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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.
     www.msn.com/en-us/money/markets/crude-prices-slip-on-tepid-global-energy-demand/ar-BB1p5mHg

     Crude Prices Slip on Tepid Global Energy Demand - MSN

2. People also ask

   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 US?

   • U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 3.7 million barrels from the previous week. At 459.7 million barrels, U.S. crude oil inventories are about 4% below the five year average for this time of year.

   Weekly Petroleum Status Report - U.S. Energy Information Administration

   www.eia.gov/petroleum/supply/weekly/pdf/highlights.pdf

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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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   How did OPEC+ affect oil prices & inventories?

   • Global oil prices and inventories The Brent crude oil spot price averaged $82 per barrel (b) in May, down $8/b from April. Daily spot prices also initially fell following the OPEC+ announcement on June 2, closing at $78/b on June 6. The extension of OPEC+ cuts through 3Q24 led us to reduce our forecast for OPEC+ oil production for the rest of 2024.

   Short-Term Energy Outlook - U.S. Energy Information Administration (EI…

   www3.eia.gov/outlooks/steo/report/global_oil.php

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   How many barrels a day did crude import in August?

   • Net crude imports averaged just 2.9 million barrels per day in August based on an average of the preliminary weekly data during the month. Net imports had increased slightly from 2.7 million b/d in the same month in 2022 but were down from 3.2 million b/d in 2021 and 4.2 million b/d in 2019.

   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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3. 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

4. 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...

5. Videos

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     oilprice.com

     Oil Prices Fall Further As U.S. Crude Oil Inventories See Major Build | OilPrice.com

     Nov 7, 2023

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     finance.yahoo.com

     Oil prices rise on a decline in U.S. crude inventory

     Dec 22, 2021

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     Oil Prices Rise as Report Points to Huge Drawdown in US Inventories

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

   www.eia.gov › petroleum › supply

   • Cached

   Jun 14, 2024 · Weekly Petroleum Status Report. Notice: Table 11 and Table 12 certain spot prices are currently not available. Table 13 futures prices after April 5, 2024, are not available. The petroleum supply situation in the context of historical information and selected prices.

7. www.reuters.com › business › energyShrunken U.S. oil inventories point to chronic under-supply ...

   www.reuters.com › business › energy

   Jan 24, 2022 · U.S. petroleum inventories have continued to slide over the last month and are well below their normal seasonal levels, which has helped push oil prices to their highest since 2014.

8. 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...

9. 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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10. www3.eia.gov › outlooks › steoShort-Term Energy Outlook - U.S. Energy Information ...

    www3.eia.gov › outlooks › steo

    • Cached

    Jun 11, 2024 · Global oil prices and inventories The Brent crude oil spot price averaged $82 per barrel (b) in May, down $8/b from April. Daily spot prices also initially fell following the OPEC+ announcement on June 2 , closing at $78/b on June 6.