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1. • • Crude oil inventories increased by 2.4 million barrels (MMbbl) to a total of 455.1 MMbbl. At 455.1 MMbbl, inventories are 44.7 MMbbl above last year (10.9%) and are about 4% above the five-year average for this time of year.
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     US Oil Production Hits Highest Level Since April 2020 ...

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   Will crude oil inventories increase by 2.4 million barrels?

   • Economists had expected crude oil inventories to increase by 2.4 million barrels. At 457.3 million barrels, U.S. crude oil inventories are still about 2 percent below the five-year average for this time of year, the EIA said.

   U.S. Crude Oil Inventories Jump Much More Than Expected

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   Did crude oil inventories surge more than expected?

   • (RTTNews) - A report released by the Energy Information Administration on Wednesday showed U.S. crude oil inventories surged by much more than expected in the week ended April 5th. The EIA said crude oil inventories shot up by 5.8 million barrels last week after jumping by 3.2 million barrels in the previous week.

   U.S. Crude Oil Inventories Jump Much More Than Expected

   markets.businessinsider.com/news/commodities/u-s-crude-oil-inventories-jump-much-more-than-expected-1033237946

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   Are US crude oil inventories still below the five-year average?

   • At 457.3 million barrels, U.S. crude oil inventories are still about 2 percent below the five-year average for this time of year, the EIA said. The report also said gasoline inventories inched up by 0.7 million barrels last week but remain about 3 percent below the five-year average for this time of year.

   U.S. Crude Oil Inventories Jump Much More Than Expected

   markets.businessinsider.com/news/commodities/u-s-crude-oil-inventories-jump-much-more-than-expected-1033237946

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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.

   U.S. Crude Oil Inventories - Investing.com

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3. www.reuters.com › business › energyU.S. crude stocks rise as production climbs to highest since ...

   www.reuters.com › business › energy

   Feb 8, 2023 · Crude inventories (USOILC=ECI) rose by 2.4 million barrels in the week ended Feb. 3 to 455.1 million barrels, close to the 2.5 million-barrel rise that analysts expected in a...

4. www.gasbuddy.com › go › us-oil-production-hitsUS Oil Production Hits Highest Level Since April 2020 ...

   www.gasbuddy.com › go › us-oil-production-hits

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   Feb 8, 2023 · Crude oil inventories increased by 2.4 million barrels (MMbbl) to a total of 455.1 MMbbl. At 455.1 MMbbl, inventories are 44.7 MMbbl above last year (10.9%) and are about 4% above the five-year average for this time of year.

5. markets.businessinsider.com › news › commoditiesU.S. Crude Oil Inventories Jump Much More Than Expected

   markets.businessinsider.com › news › commodities

   • Cached

   Apr 10, 2024 · Economists had expected crude oil inventories to increase by 2.4 million barrels. At 457.3 million barrels, U.S. crude oil inventories are still about 2 percent below the five-year...

6. www.iea.org › reports › oil-market-report-july-2020Oil Market Report - July 2020 – Analysis - IEA

   www.iea.org › reports › oil-market-report-july-2020

   • Cached

   Jul 10, 2020 · In June, floating storage of crude oil fell by 34.9 mb from its all-time high in May to 176.4 mb. A tightening crude market balance and a flatter forward price curves reduced the incentive to store oil. Crude prices increased in June for the second successive month.

7. finance.yahoo.com › news › why-crude-oil-inventoriesWhy crude oil inventories and prices increased after the report

   finance.yahoo.com › news › why-crude-oil-inventories

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   Aug 18, 2014 · Crude inventories increased by 1.4 million barrels versus analysts’ expectations of a two million barrel drop. This is the first time crude inventories have increased since June. The...

8. www.oilandgas360.com › crude-inventories-1-21U.S. crude oil inventories increase by 2.4 million barrels

   www.oilandgas360.com › crude-inventories-1-21

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   Jan 26, 2022 · U.S. crude oil refinery inputs averaged 15.5 million barrels per day during the week ending January 21, 2022, which was 44,000 barrels per day less than the previous week’s average.

9. www.iea.org › reports › oil-market-report-march-2020Oil Market Report - March 2020 – Analysis - IEA

   www.iea.org › reports › oil-market-report-march-2020

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   Mar 9, 2020 · In this case, global oil demand could grow by 480,000 barrels per day in 2020. Against a background of collapsing global oil demand, OPEC+ producers met on 6 March to review the market situation. The group’s current 2.1 mb/d of production cuts are due to expire at the end of the month.