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1. • • Today's EIA report showed that (1) US crude oil inventories as of May 31 were -3.9% below the seasonal 5-year average, (2) gasoline inventories were -0.7% below the seasonal 5-year average, and (3) distillate inventories were -6.8% below the 5-year seasonal average.
     www.nasdaq.com/articles/crude-prices-pressured-build-weekly-eia-inventories

     Crude Prices Pressured by Build in Weekly EIA Inventories

2. People also ask

   Are US crude oil inventories below the seasonal average?

   • Today'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.

   Crude Climbs on Tighter US Supplies and Stronger Fuel Demand

   www.theglobeandmail.com/investing/markets/commodities/CLK19/pressreleases/26939426/crude-climbs-on-tighter-us-supplies-and-stronger-fuel-demand/

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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 happens if crude inventories increase more than expected?

   • If the increase in crude inventories is more than expected, it implies weaker demand and is bearish for crude prices. The same can be said if a decline in inventories is less than expected. If the increase in crude is less than expected, it implies greater demand and is bullish for crude prices.

   United States Crude Oil Inventories - Investing.com

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

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   What was US crude oil production in the week ending June 14?

   • US crude oil production in the week ending June 14 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 14 fell -4 to a 2-1/3 year low of 488 rigs.

   Crude Climbs on Tighter US Supplies and Stronger Fuel Demand

   www.theglobeandmail.com/investing/markets/commodities/CLK19/pressreleases/26939426/crude-climbs-on-tighter-us-supplies-and-stronger-fuel-demand/

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   How will global oil inventories change in 2024?

   • Global oil inventories fell by an estimated 0.3 million barrels per day (b/d) in the first half of 2024 (1H24), and we expect they will decrease by an average of 0.6 million b/d from 3Q24 through 1Q25.

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

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

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   What's going on with July crude oil & gasoline prices?

   • July WTI crude oil ( CLN24) today is up +0.59 (+0.72%), and July RBOB gasoline ( RBN24) is up +2.05 (+0.83%). Crude oil and gasoline prices today are moving higher, with crude posting a 7-week high and gasoline posting a 3-week high.

   Crude Climbs on Tighter US Supplies and Stronger Fuel Demand

   www.theglobeandmail.com/investing/markets/commodities/CLK19/pressreleases/26939426/crude-climbs-on-tighter-us-supplies-and-stronger-fuel-demand/

   See all results for this question

3. 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...

4. 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)

5. Videos

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6. www.nasdaq.com › articles › crude-prices-pressuredCrude Prices Pressured by Build in Weekly EIA Inventories

   www.nasdaq.com › articles › crude-prices-pressured

   • Cached

   Jun 5, 2024 · Today's EIA report showed that (1) US crude oil inventories as of May 31 were -3.9% below the seasonal 5-year average, (2) gasoline inventories were -0.7% below the seasonal 5-year average, and...

7. www.theglobeandmail.com › investing › marketsCrude Climbs on Tighter US Supplies and Stronger Fuel Demand

   www.theglobeandmail.com › investing › markets

   • Cached

   Jun 20, 2024 · Today'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...

8. www.theglobeandmail.com › investing › marketsCrude Prices Settle Lower on Ample Supplies and Energy Demand ...

   www.theglobeandmail.com › investing › markets

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   Jun 4, 2024 · Last Thursday's EIA report showed that (1) US crude oil inventories as of May 24 were -4.1% below the seasonal 5-year average, (2) gasoline inventories were -0.8% below the seasonal 5-year...

9. in.investing.com › eia-crude-oil-inventories-75U.S. Crude Oil Inventories - Investing.com

   in.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 inventories...

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

    www3.eia.gov › outlooks › steo

    • Cached

    Jun 11, 2024 · We forecast that global oil inventories will begin increasing at an average of 0.4 million b/d in 2Q25 and will increase by 0.6 million b/d in the second half of 2025. As a result, we expect oil prices will increase to an average of $87/b in 4Q24 and $88/b in 1Q25.