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1. • • Crude stocks are 17 million barrels (4%) below the average, with stocks around the NYMEX delivery point at Cushing particularly tight at 16 million barrels (33%) under the average.
     www.reuters.com/business/energy/shrunken-us-oil-inventories-point-chronic-under-supply-kemp-2022-01-21/

     Shrunken U.S. oil inventories point to chronic under-supply ...

2. People also ask

   What is a stock of crude oil?

   • Stocks of crude oil refer to the weekly change of the crude oil supply situation. Stocks of crude oil in the United States rose by 3.591 million barrels in the week ending June 21, 2024, compared with market expectations of a 3 million barrels decline, the EIA Petroleum Status Report showed.

   United States Crude Oil Stocks Change - TRADING ECONOMICS

   tradingeconomics.com/united-states/crude-oil-stocks-change

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   How much did crude oil rise in 2024?

   • Stocks of crude oil in the United States rose by 3.730 million barrels in the week ending June 7, 2024, the most in six weeks and compared with market consensus of a 1.55 million barrels decline, the EIA Petroleum Status Report showed.

   United States Crude Oil Stocks Change - TRADING ECONOMICS

   tradingeconomics.com/united-states/crude-oil-stocks-change

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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 did crude inventories change over the past 10 years?

   • In the United States, commercial crude inventories increased by 7 million barrels over the nine weeks ending on June 21, compared with average depletion of 10 million barrels over the same period in the previous 10 years.

   Oil traders expect large inventory draw in third quarter

   www.reuters.com/markets/commodities/oil-traders-expect-large-inventory-draw-third-quarter-kemp-2024-06-28/

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3. seekingalpha.com › article › 4702090-inventory-drawsFrom Inventory Draws To Summer Driving, Why Oil Could Be ...

   seekingalpha.com › article › 4702090-inventory-draws

   14 hours ago · After slipping to $73 a barrel, oil prices have steadily climbed upward. Hussein Allidina, MD and Head of Commodities at TD Asset Management, explains why there's more upside for oil prices.

4. 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

5. www.investing.com › eia-crude-oil-inventories-75United States Crude Oil Inventories - Investing.com

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

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   Jun 26, 2024 · U.S. Crude Oil Inventories. Create Alert. Latest Release. Jun 26, 2024. Actual. 3.591M. Forecast. -2.600M. Previous. -2.547M. The Energy Information Administration's (EIA) Crude Oil...

6. www.reuters.com › markets › commoditiesOil traders expect large inventory draw in third quarter

   www.reuters.com › markets › commodities

   1 day ago · Cushing inventories were 10 million barrels (-22% or -0.66 standard deviation) below the seasonal average on June 21, little changed from a deficit of 12 million barrels (-27% or -0.89 standard ...

7. www.reuters.com › markets › commoditiesUS oil prices slide as stocks accumulate at Cushing: Kemp

   www.reuters.com › markets › commodities

   Nov 16, 2023 · Cushing stocks were 18 million barrels (-42% or -1.24 standard deviations) below the prior ten-year seasonal average on November 10, but the deficit had narrowed from 21 million (-50% or...

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

   www.eia.gov › petroleum › weekly

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   Jun 26, 2024 · U.S. Crude Oil Production, Imports, Exports, Stocks, Supply, Prices, Data and Analysis from Energy Information Administration (U.S. Dept. of Energy)

9. tradingeconomics.com › united-states › crude-oilUnited States Crude Oil Stocks Change - TRADING ECONOMICS

   tradingeconomics.com › united-states › crude-oil

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   US Crude Oil Inventories Unexpectedly Rise. Stocks of crude oil in the United States rose by 3.591 million barrels in the week ending June 21, 2024, compared with market expectations of a 3 million barrels decline, the EIA Petroleum Status Report showed.