Crude Oil Inventories Report for Week of December 1, 2017

The U.S. Crude Oil Inventories report for the week that ended on December 1, 2017 was released this morning:

Weekly Change: -5,600,000 Barrels

Yearly Change: -37,700,000 Barrels

Current U.S. Crude Oil Stocks: 448,100,000 Barrels

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

• Click here for The Weekly Crude Oil Price

• Click here for A Crude Oil Price Chart