Crude Oil Inventories Report for Week of January 18, 2019

The U.S. Crude Oil Inventories report for the week that ended on  January 18, 2019 was released this morning: 

-- Change from Last Week: +8,000,000

-- Change from Last Year (Y/Y): +33,400,000 Barrels

-- Current U.S. Crude Oil Stocks: 445,000,000 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).

• Click here for the full Week in Petroleum report.

• Click here for The Weekly Crude Oil Price

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