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Economy

Economic Data (USA)

Wednesday, July 10, 2019

Crude Oil Inventories Report for Week of July 5, 2019

The U.S. Crude Oil Inventories report for the week that ended on July 5, 2019 was released this morning:

-- Change from Last Week: -9,500,000 Barrels

-- Change from A Year Ago (Y/Y): +53,700,000 Barrels

-- Current U.S. Crude Oil Stocks: 459,000,000 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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