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Economy

Economic Data (USA)

Thursday, June 02, 2016

Crude Oil Inventories Report for Week of May 27, 2016

The U.S. Crude Oil Inventories report for the week that ended on May 27, 2016 was released this morning:

Weekly Change: -1,400,000 Barrels

Yearly Change: +58,300,000 Barrels

Current U.S. Crude Oil Stocks: 535,700,000 Barrels

Diminishing crude oil inventories often translates 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 the full Week in Petroleum report.

Click here for weekly crude oil prices.

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