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1. • • Today'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.
     Reference:

     Crude Under Pressure as Weekly EIA Inventories ... - 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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   How much did crude inventories fall in the week ended Nov 18?

   • U.S. crude inventories fell by about 4.8 million barrels for the week ended Nov. 18, data from the American Petroleum Institute showed, according to market sources. Analysts polled by Reuters on average had expected a 1.1 million barrel drawdown in crude inventories.

   Oil prices rise to near $90/bbl on account of US crude stock drop

   www.business-standard.com/article/international/oil-prices-rise-to-near-90-bbl-on-account-of-us-crude-stock-drop-122112300747_1.html

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   What does the chart show about seasonal oil inventories?

   • This chart depicts seasonal oil inventories of crude oil and petroleum products within the Organisation for Economic Co-operation and Development (OECD) countries. Oil inventories act as the balancing point between supply and demand.

   OECD / US Oil Inventories | ERCE

   www.erce.energy/graph/oecd-us-oil-inventories

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   What is the correlation between oil inventories and oil prices?

   • Oil inventories and oil prices have a correlation coefficient of -0.54. Over the past 20 years, data have shown that inventories would increase from February to May as well as from September to November, and decrease from June to August and in December. Inventories usually peak in April or May.

   US - Crude Oil Inventories | MacroMicro

   en.macromicro.me/charts/178/us-oil-inventory

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

   www.eia.gov › petroleum › weekly

   • Cached

   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)

   • Propane

     Wholesale propane prices (dollars per gallon) more price...

   • Distillate

     Residential heating oil prices (dollars per gallon) more...

   • Gasoline

     Gasoline Production, Imports, Stocks, Supply, Prices by...

   • Refiner Crude Oil Inputs

     -No Data Reported; --= Not Applicable; NA = Not Available; W...

   • Release Schedule

     Data for the week ending Alternate Release Date Release Day...

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5. 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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6. 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...

7. Videos

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     How to analyse a crude oil inventory? | Crude Oil Inventory |

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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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     Demand, Supply and the Seasonality of Crude Oil

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

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

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   3 days ago · U.S. Crude Oil Inventories results in real time as they're announced. Read related news and analysis, get historical data, and see the immediate global market impact.

9. 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

10. en.macromicro.me › charts › 178US - Crude Oil Inventories | MacroMicro

    en.macromicro.me › charts › 178

    • Cached

    Oil inventories and oil prices have a of -0.54. Over the past 20 years, data have shown that inventories would increase from February to May as well as from September to November, and decrease from June to August and in December. Inventories usually peak in April or May.

11. 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.