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1. • • The U.S. Energy Information Administration (EIA) forecasts that U.S. crude oil production will average 11.9 million barrels per day this year and 12.8 million barrels per day in 2023, which would surpass the record average production of 12.3 million barrels per day set in 2019.
     www.eia.gov/pressroom/releases/press501.php

     U.S. Energy Information Administration - EIA - Independent ...

2. People also ask

   What is the EIA's weekly petroleum status report?

   • Below we review the EIA's Weekly Petroleum Status Report for the week ending Jul 17. Crude Oil: The federal government’s EIA report revealed that crude inventories rose by 4.9 million barrels, compared to expectations for a 1.9 million barrels decrease.

   Here's How to Interpret the Latest EIA Crude Inventory Report

   finance.yahoo.com/news/heres-interpret-latest-eia-crude-124712395.html

   See all results for this question

   How has EIA changed the oil storage report?

   • Since 2021, the Energy Information Administration's ("EIA's") weekly oil storage reports have contended with perpetually elevated adjustment figures. In order to combat this, EIA implemented a 3 part change. Phase 1 was to start tracking transfers to crude oil supply (i.e., blending).

   EIA's New Weekly Oil Storage Report Explained, But Still More Questions

   seekingalpha.com/article/4652415-eia-new-weekly-oil-storage-report-explained-but-still-more-questions-than-answers

   See all results for this question

   Why did crude oil inventories fall by 448,000 barrels?

   • Crude Oil: The federal government’s EIA report revealed that crude inventories fell by 448,000 barrels compared to expectations of a 600,000-barrels decline per the analysts surveyed by S&P Global Platts. An uptick in demand and surge in exports accounted for the stockpile draw with the world’s biggest oil consumer.

   Here's What the EIA's Latest Crude Inventory Report

   www.nasdaq.com/articles/heres-what-the-eias-latest-crude-inventory-report-revealed-2021-08-12

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   What happens if EIA over-reports crude draws or crude builds?

   • In other words, if EIA over-reports crude draws or crude builds, they almost always revert back over the coming weeks. But one thing you will notice about the modified adjustment table is that in the early part of 2023, there was a prolonged period of elevated modified adjustments.

   EIA's New Weekly Oil Storage Report Explained, But Still More Questions

   seekingalpha.com/article/4652415-eia-new-weekly-oil-storage-report-explained-but-still-more-questions-than-answers

   See all results for this question

   Why are the weekly oil storage reports different?

   • Now there are still major flaws in the weekly oil storage reports that require the modified adjustment. For example, EIA does not take into account real-time U.S. crude exports or imports. So the variance between these two figures could explain large differences in the adjustment.

   EIA's New Weekly Oil Storage Report Explained, But Still More Questions

   seekingalpha.com/article/4652415-eia-new-weekly-oil-storage-report-explained-but-still-more-questions-than-answers

   See all results for this question

   How many barrels of oil are in the US?

   • This puts total domestic stocks at 536.6 million barrels – 20.6% above the year-ago figure and 19% over the five-year average. The latest report also showed that supplies at the Cushing terminal in Oklahoma (the key delivery hub for U.S. crude futures traded on the New York Mercantile Exchange) was up 1.4 million barrels to 50.1 million barrels.

   Here's How to Interpret the Latest EIA Crude Inventory Report

   finance.yahoo.com/news/heres-interpret-latest-eia-crude-124712395.html

   See all results for this question

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

   www.eia.gov › petroleum › supply

   • Cached

   Oct 4, 2024 · This week’s domestic crude oil production estimate incorporates a re-benchmarking that increased estimated volumes by 70,000 barrels per day, which is about 0.5% of this week’s estimated production total.

   • Release Schedule

     Release Schedule. The wpsrsummary.pdf, overview.pdf, and...

   • Prior Issues

     We would like to show you a description here but the site...

   • Northeast Reserves

     Weekly Petroleum Status Report Northeast Reserves Reserves...

   • Monthly and Weekly U.S. and Regional Stocks of Total Gasoline by Type of Facility

     EIA now provides weekly estimates of U.S. total gasoline...

   • WPSR

     Energy Information Administration - EIA - Official Energy...

   • Crude Oil

     U.S. Crude Oil Production, Imports, Exports, Stocks, Supply,...

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

   www.eia.gov › petroleum › weekly

   • Cached

   Oct 9, 2024 · U.S. Crude Oil Production, Imports, Exports, Stocks, Supply, Prices, Data and Analysis from Energy Information Administration (U.S. Dept. of Energy)

5. Videos

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     How To Read The Weekly EIA Natural Gas & Crude Oil Reports

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     Crude Oil WTI Analysis and News 04052023: EIA Report in focus

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6. finance.yahoo.com › news › heres-interpret-latestHere's How to Interpret the Latest EIA Crude Inventory Report

   finance.yahoo.com › news › heres-interpret-latest

   • Cached

   Jul 23, 2020 · The federal government's EIA report revealed that crude inventories rose by 4.9 million barrels, compared to expectations for a 1.9 million barrels decrease.

7. seekingalpha.com › article › 4652415-eia-new-weeklyEIA's New Weekly Oil Storage Report Explained, But Still More ...

   seekingalpha.com › article › 4652415-eia-new-weekly

   Nov 16, 2023 · Since 2021, the Energy Information Administration's ("EIA's") weekly oil storage reports have contended with perpetually elevated adjustment figures. In order to combat this, EIA...

8. www.nasdaq.com › articles › heres-what-the-eiasHere's What the EIA's Latest Crude Inventory Report Revealed

   www.nasdaq.com › articles › heres-what-the-eias

   • Cached

   Aug 12, 2021 · Crude Oil: The federal government’s EIA report revealed that crude inventories fell by 448,000 barrels compared to expectations of a 600,000-barrels decline per the analysts surveyed by S&P...

9. www.eia.gov › petroleum › productionEIA-914 monthly production report - U.S. Energy Information ...

   www.eia.gov › petroleum › production

   • Cached

   Notes: Crude oil includes lease condensate. The sum of individual states may not equal total U.S. volumes due to independent rounding. Volumes are rounded to the nearest whole number; a zero may indicate volume of less than 0.5 thousand barrels per day.

10. www.nasdaq.com › articles › what-you-need-to-knowWhat You Need to Know About EIA's Crude Inventory Report

    www.nasdaq.com › articles › what-you-need-to-know

    • Cached

    Dec 9, 2021 · Crude Oil: The federal government’s EIA report revealed that crude inventories edged down 241,000 barrels compared to expectations of a 1.2 million-barrel decrease per the analysts surveyed...