Crude oil inventory in the United States sank by 7.9 million barrels in the week ending May 15th to 445 million barrels, well above expectations of a 2.9 million draw, according to data from the Energy Information Administration. The reduction was combined with a 9.9 million barrel draw of the governments Strategic Petroleum Reserve, which are now 6.6% below comparable levels from the previous year as the Department of Energy mitigates the slump in global energy supply since the start of the war in Iran in March. In the meantime, gasoline stocks fell by 1.5 million barrels, and stocks of diesel inched marginally higher. source: U.S. Energy Information Administration

Stocks of crude oil in the United States decreased by 7.86million barrels in the week ending May 15 of 2026. Crude Oil Stocks Change in the United States averaged 0.08 BBL/1Million from 1982 until 2026, reaching an all time high of 21.56 BBL/1Million in February of 2021 and a record low of -17.05 BBL/1Million in July of 2023. This page provides the latest reported value for - United States Crude Oil Stocks Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Crude Oil Stocks Change - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-13 02:30 PM
EIA Crude Oil Stocks Change
May/08 -4.306M -2.313M -2.10M
2026-05-20 02:30 PM
EIA Crude Oil Stocks Change
May/15 -7.864M -4.306M -2.9M
2026-05-28 04:00 PM
EIA Crude Oil Stocks Change
May/22 -7.864M


Related Last Previous Unit Reference
EIA Crude Oil Imports Change 3.00 -318.00 Thousand Barrels May 2026
EIA Crude Oil Stocks Change -7.86 -4.31 BBL/1Million May 2026
EIA Cushing Crude Oil Stocks Change -1604.00 -1702.00 Thousand Barrels May 2026
EIA Distillate Fuel Production Change 214.00 -124.00 Thousand Barrels May 2026
EIA Distillate Stocks Change 372.00 190.00 Thousand Barrels May 2026
EIA Gasoline Production Change -446.00 222.00 Thousand Barrels May 2026
EIA Gasoline Stocks Change -1548.00 -4084.00 Thousand Barrels May 2026
EIA Heating Oil Stocks Change 21.00 153.00 Thousand Barrels May 2026
EIA Natural Gas Stocks Change 101.00 85.00 billion cubic feet May 2026
EIA Refinery Crude Runs Change -80.00 370.00 Thousand Barrels May 2026
Strategic Petroleum Reserve Crude Oil Stocks 374175.00 384095.00 Thousand Barrels May 2026


United States Crude Oil Stocks Change
Stocks of crude oil refer to the weekly change of the crude oil supply situation.
Actual Previous Highest Lowest Dates Unit Frequency
-7.86 -4.31 21.56 -17.05 1982 - 2026 BBL/1Million Weekly

News Stream
US Oil Stocks Fall More than Expected
Crude oil inventory in the United States sank by 7.9 million barrels in the week ending May 15th to 445 million barrels, well above expectations of a 2.9 million draw, according to data from the Energy Information Administration. The reduction was combined with a 9.9 million barrel draw of the governments Strategic Petroleum Reserve, which are now 6.6% below comparable levels from the previous year as the Department of Energy mitigates the slump in global energy supply since the start of the war in Iran in March. In the meantime, gasoline stocks fell by 1.5 million barrels, and stocks of diesel inched marginally higher.
2026-05-20
US Crude Oil Inventories Fall More than Expected
US crude inventories fell by 4.306 million barrels to 452.9 million barrels in the week ended May 8, compared with expectations for a 2.1 million barrel draw. Stocks at the Cushing, Oklahoma hub decreased by 1.702 million barrels. Refinery activity increased, with crude runs rising by 370,000 barrels per day and utilisation rates up 0.5 percentage points. Gasoline inventories dropped by 4.084 million barrels to 215.7 million, exceeding forecasts for a 2.85 million barrel decline. Distillate stocks, including diesel and heating oil, rose by 0.190 million barrels to 102.5 million, versus expectations for a 2.83 million barrel draw. Net US crude imports fell by 318 thousand barrels per day over the week.
2026-05-13
US Crude Oil Inventories Fall Less than Expected
US crude inventories fell by 2.314 million barrels to 457.2 million barrels in the week ended May 1, compared with expectations for a 3.3 million barrel draw. Stocks at the Cushing, Oklahoma hub decreased by 648,000 barrels. Refinery activity decreased, with crude runs falling by 42,000 barrels per day and utilisation rates down 0.5 percentage points. Fuel stocks also tightened. Gasoline inventories dropped by 2.504 million barrels to 219.8 million, exceeding forecasts for a 2.1 million barrel decline. Distillate stocks, including diesel and heating oil, fell by 1.294 million barrels to 102.3 million, below expectations for a 2.4 million barrel draw. Net US crude imports rose by 1.415 million barrels per day over the week.
2026-05-06