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Economic Data (USA)

Wednesday, June 10, 2020

Crude Oil Inventories Report for Week of June 5, 2020

Crude Oil Inventories
Crude Oil Inventories

The U.S. Crude Oil Inventories report for the week that ended on June 5, 2020 was released this morning:

-- Change from Last Week: +5,700,000 Barrels

-- Change from A Year Ago (Y/Y): +52,600,000 Barrels

-- Current U.S. Crude Oil Stocks: 538,100,000 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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