Crude Oil Inventories Report for Week of December 24, 2021
Crude Oil Inventories |
The U.S. Crude Oil Inventories report for the week that ended on December 24, 2021 was released this morning:
-- Change from Last Week: -3,600,000 Barrels
-- Change from A Year Ago (Y/Y): -73,500,000 Barrels
-- Current U.S. Crude Oil Stocks: 420,000,000 Barrels
Diminishing crude oil inventories often translate to higher crude oil and fuel prices (and vice versa), but not always.
The report is produced by the U.S. Energy Information Administration (EIA).
Labels: Coronavirus, COVID_19, COVID-19, COVID19, crude_oil, energy, hard_data, inventories, Oil, Pandemic, petroleum
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