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Economic Data (USA)

Wednesday, March 13, 2019

Crude Oil Inventories Report for Week of March 8, 2019

The U.S. Crude Oil Inventories report for the week that ended on  March 8, 2019 was released this morning: 

-- Change from Last Week: -3,900,000

-- Change from A Year Ago (Y/Y): +18,100,000 Barrels

-- Current U.S. Crude Oil Stocks: 449,100,000 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).

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