Crude Oil Inventories Report for Week of October 19, 2012
The U.S. Crude Oil Inventories report for the week that ended on October 19, 2012 was released this morning:
Weekly Change: +5,900,000 Barrels
Yearly Change: +37,500,000 Barrels
Current U.S. Crude Oil Stocks: 375,100,000 Barrels
Diminishing crude oil inventories can translate to higher crude oil prices (and vice versa), but not always.
The report is produced by the U.S. Energy Information Administration (EIA).
Click here for a more detailed summary of The Week in Petroleum.
Click here for weekly crude oil prices.
Labels: crude_oil, inventories, petroleum
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posted by Steve Brown | 10/24/2012 04:00:00 PM
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