Crude Oil Inventories Report for Week of January 4, 2019
The U.S. Crude Oil Inventories report for the week that ended on January 4, 2019 was released this morning:
-- Change from Last Week: -1,700,000
-- Change from Last Year (Y/Y): +20,200,000 Barrels
-- Current U.S. Crude Oil Stocks: 439,700,000 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: -1,700,000
-- Change from Last Year (Y/Y): +20,200,000 Barrels
-- Current U.S. Crude Oil Stocks: 439,700,000 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 | 1/09/2019 06:30:00 PM
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