Breaking News

U.S. Crude Oil Inventories

Latest Release

May 16, 2018

Actual

-1.404M

Forecast

-0.763M

-2.197M

The Energy Information Administration's (EIA) Crude Oil Inventories measures the weekly change in the number of barrels of commercial crude oil held by US firms. The level of inventories influences the price of petroleum products, which can have an impact on inflation.

If the increase in crude inventories is more than expected, it implies weaker demand and is bearish for crude prices. The same can be said if a decline in inventories is less than expected.
If the increase in crude is less than expected, it implies greater demand and is bullish for crude prices. The same can be said if a decline in inventories is more than expected.

Importance:

Country:

Currency: USD

Source: Energy Information Administrat...

Release Date	Time	Actual	Forecast	Previous
May 23, 2018	15:30		-2.827M	-1.404M
May 16, 2018	15:30	-1.404M	-0.763M	-2.197M
May 09, 2018	15:30	-2.197M	-0.200M	6.218M
May 02, 2018	15:30	6.218M	0.739M	2.170M
Apr 25, 2018	15:30	2.170M	-1.600M	-1.071M
Apr 18, 2018	15:30	-1.071M	-0.500M	3.306M

News

Oil Prices Head for Weekly Gains Ahead of U.S. Shale Production Data By Investing.com - May 18, 2018

Investing.com - Despite a dip in crude prices on Friday in midmorning trade, oil was still headed for weekly gains as market participants looked ahead to the latest gauge of U.S. shale production....

Oil Prices Firm Amid Bullish Factors, Holding Solid Weekly Gain By Investing.com - May 18, 2018

Investing.com - Crude prices firmed on Friday as looming sanctions against Iran, the continuing economic crisis in Venezuela and strong demand continued to support prices. New York-traded West Texas...

Commodities - WTI Oil Futures Pares Losses After Crude Inventory Data By Investing.com - May 16, 2018

Investing.com - West Texas Intermediate oil pared losses in North American trade on Wednesday, after data showed that oil supplies in the U.S. declined more than expected. Crude oil for July delivery...

Analysis

Could Oil Prices Close In On $100? By Fiona Cincotta - May 17, 2018

As Brent hits the psychological level of $80 per barrel traders are questioning whether oil to $100 is a possibility? Fundamentally the price looks well supported here, OPEC are showing they are in no...

Pound Stronger On Soft Brexit Hopes; Mothercare Earnings In Focus By Jasper Lawler - May 17, 2018

Soft Brexit? A report in the Telegraph was responsible for sending the pound higher, after it suggested tht the UK was prepared to tell Brussels that it will stay in the customs union beyond 2021. A...

Oil Figures Eyed While Italy Nears Populist Coalition By Craig Erlam - May 16, 2018

US Data in Focus After Encouraging Retail Sales Figures US futures are flat ahead of the open on Wall Street on Wednesday, as we await a number of data points from the world’s largest economy...

Crude Oil Inventories Discussion

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All Comments (1)

Milos Savic Jan 17, 2018 9:09

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Are we going to see a record drop of inventories this time around? More than -8M? Any thoughts?

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More Categories

1D1W1M6M1Y5YMax

FTSE 100	7,859.17	+80.38	+1.03%
DAX	13,077.72	-36.89	-0.28%
Euro Stoxx 50	3,572.32	-19.86	-0.55%
S&P 500 Futures	2,733.50	+0.50	+0.02%
Nasdaq Futures	6,916.25	+0.50	+0.01%
Nikkei 225	22,967.50	-34.87	-0.15%
Euro Index	95.01	-0.09	-0.10%
Bitcoin Futures	8,325.0	-90.0	-1.07%

Brent Oil	79.47	+0.25	+0.32%
Crude Oil WTI	72.61	+0.26	+0.36%
Gold	1,290.00	-0.90	-0.07%
Silver	16.505	-0.015	-0.09%
Copper	3.099	-0.001	-0.03%
London Cocoa	1,882.00	+26.00	+1.40%
London Wheat	150.40	+0.75	+0.50%
Natural Gas	2.817	-0.010	-0.35%

GBP/USD	1.3424	-0.0002	-0.01%
EUR/USD	1.1779	-0.0012	-0.10%
USD/JPY	110.95	-0.11	-0.10%
EUR/GBP	0.8774	-0.0008	-0.09%
USD/CAD	1.2771	-0.0017	-0.13%
GBP/JPY	148.94	-0.16	-0.11%
AUD/USD	0.7590	+0.0009	+0.12%
GBP/EUR	1.1397	+0.0008	+0.07%

BTC/USD	8,324.7	-179.6	-2.11%
ETH/USD	693.92	-20.65	-2.89%
BCH/USD	1,201.00	-74.10	-5.81%
IOT/USD	1.70810	-0.11190	-6.15%
LTC/USD	134.60	-3.95	-2.85%
BTC/GBP	6,143.7	-168.1	-2.66%
XRP/USD	0.66979	-0.02801	-4.01%
XLM/USD	0.30750	-0.01950	-5.96%

More Categories

Timeframe

EUR/USD

1.1779

-0.0012 -0.10%

Summary

Strong Buy

Moving Averages:

Buy 11

Sell 1

Indicators:

Buy 10

Sell 0

EUR/USD

1.1779

-0.0012 -0.10%

Summary

Strong Buy

Moving Averages:

Buy 11

Sell 1

Indicators:

Buy 10

Sell 0

GBP/USD

1.3424

-0.0002 -0.01%

Summary

Strong Buy

Moving Averages:

Buy 12

Sell 0

Indicators:

Buy 10

Sell 0

USD/JPY

110.95

-0.11 -0.10%

Summary

Buy

Moving Averages:

Buy 9

Sell 3

Indicators:

Buy 4

Sell 0

AUD/USD

0.7590

+0.0009 +0.12%

Summary

Strong Buy

Moving Averages:

Buy 12

Sell 0

Indicators:

Buy 9

Sell 0

USD/CAD

1.2771

-0.0017 -0.13%

Summary

Strong Sell

Moving Averages:

Buy 0

Sell 12

Indicators:

Buy 0

Sell 8

EUR/JPY

130.69

-0.25 -0.19%

Summary

Strong Buy

Moving Averages:

Buy 8

Sell 4

Indicators:

Buy 9

Sell 1

EUR/CHF

1.1746

-0.0013 -0.11%

Summary

Strong Buy

Moving Averages:

Buy 7

Sell 5

Indicators:

Buy 11

Sell 0

Gold

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

Silver

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

Copper

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

Crude Oil WTI

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

Brent Oil

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

Natural Gas

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

US Coffee C

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

Dow 30

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

Nasdaq 100

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

S&P 500

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

DAX

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

FTSE 100

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

CAC 40

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

Nikkei 225

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

BTC/USD

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

ETH/USD

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

BCH/USD

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

IOTA/USD

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

LTC/USD

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

BTC/GBP

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

XRP/USD

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

XLM/USD

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

Apple

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

Alphabet A

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

Bank of America

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

JPMorgan

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

Exxon Mobil

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

Deutsche Bank AG

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

U.S. 2Y

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

U.S. 5Y

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

U.S. 10Y

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

U.S. 30Y

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

German 10 YR Bund

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

US 10Y T-Note

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

Japan Govt. Bond

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

UK 10Y Gilt

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

SPDR DJIA

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

iShares Russell 1000 Growth

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

iShares Russell 2000

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

PowerShares QQQ

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

SPDR S&P 500

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

ProShares UltraShort S&P500

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

ProShares UltraShort QQQ

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

EUR/USD	1.1779	Strong Buy
GBP/USD	1.3424	Strong Buy
USD/JPY	110.95	Buy
AUD/USD	0.7590	Strong Buy
USD/CAD	1.2771	Strong Sell
EUR/JPY	130.69	Strong Buy
EUR/CHF	1.1746	Strong Buy

		Gold
		Silver
		Copper
		Crude Oil WTI
		Brent Oil
		Natural Gas
		US Coffee C

		Dow 30
		Nasdaq 100
		S&P 500
		DAX
		FTSE 100
		CAC 40
		Nikkei 225

		BTC/USD
		ETH/USD
		BCH/USD
		IOTA/USD
		LTC/USD
		BTC/GBP
		XRP/USD
		XLM/USD

	Interest Rates	Next Meeting
BOE	0.50%	Jun 21, 2018
ECB	0.00%	Jun 14, 2018
FED	1.75%	Jun 13, 2018
SNB	-0.75%	Jun 21, 2018
RBA	1.50%	Jun 05, 2018
BOC	1.25%	May 30, 2018
RBNZ	1.75%	Jun 28, 2018
BOJ	-0.10%	Jun 15, 2018
CBR	7.25%	Jun 15, 2018
RBI	6.00%	Jun 07, 2018
PBOC	4.35%
BCB	6.50%	Jun 20, 2018