Crude Oil Inventories Report for Week of May 11, 2018
The U.S. Crude Oil Inventories report for the week that ended on May 11, 2018 was released this morning:
-- Change from Last Week: -1,400,000 Barrels
-- Change from Last Year (Y/Y): -88,400,000 Barrels
-- Current U.S. Crude Oil Stocks: 432,400,000 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).
-- Change from Last Week: -1,400,000 Barrels
-- Change from Last Year (Y/Y): -88,400,000 Barrels
-- Current U.S. Crude Oil Stocks: 432,400,000 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).
Labels: crude_oil, energy, hard_data, inventories, petroleum
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posted by Steve Brown | 5/16/2018 03:43:00 PM
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