API Crude Oil Stock Change in the United States increased to 2.78 BBL/1Million in October 3 from -3.67 BBL/1Million in the previous week. This dataset provides - United States API Crude Oil Stock Change- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The API Crude Oil Stock Change is a weekly report released by the American Petroleum Institute that measures the change in the number of barrels of crude oil held in inventory by commercial firms in the U.S. This data is significant as it provides insights into supply and demand dynamics in the oil market, influencing oil prices and, consequently, inflation and economic growth.

API Gasoline Stocks in the United States increased to 1.90 BBL/1Million in July 11 from -2.20 BBL/1Million in the previous week. This dataset provides - United States Api Gasoline Stocks- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Stocks of crude oil in the United States increased by 3.72million barrels in the week ending October 3 of 2025. This dataset 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.

The EIA Crude Oil Stocks Change is a weekly report released by the U.S. Energy Information Administration that measures the change in the number of barrels of crude oil held in inventory by commercial firms.

Learn about crude oil inventory and its impact on oil prices. The U.S. Energy Information Administration (EIA) is responsible for monitoring and reporting crude oil inventory data in the United States. Find out how this data is collected and its significance in understanding supply and demand dynamics in the oil market. Discover how the EIA's weekly and monthly reports influence oil markets and help market participants make informed decisions.

API Crude Runs in the United States increased to 0.09 BBL/1Million in April 5 from -0.01 BBL/1Million in the previous week. This dataset provides - United States API Refinery Crude Runs- actual values, historical data, forecast, chart, statistics, economic calendar and news.

View weekly updates and historical trends for US Crude Oil Stocks. Source: Energy Information Administration. Track economic data with YCharts analytics.

U.S. crude oil inventories saw a slight increase, while gasoline and distillate stocks declined, affecting market dynamics. Learn more about the latest EIA report.

The US Oil Inventory Report, also known as the Weekly Petroleum Status Report, provides crucial information on the current level of crude oil and petroleum product inventories in the United States. Traders, investors, and analysts closely monitor this report to gain insights into supply and demand trends in the oil market.

This dataset provides values for API CRUDE OIL STOCK CHANGE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Overview with Chart & Report: The Energy Information Administration's (EIA) Crude Oil Stocks Change Indicator is published weekly. It measures the number of barrels of commercial crude oil held by US companies. It is one of the

Learn about the importance of the US crude inventory report, which provides insights into the stockpile of crude oil and petroleum products in the country. Discover how this data influences the supply and price of oil and helps assess energy market trends and dynamics.

View weekly updates and historical trends for US Crude Oil in the Strategic Petroleum Reserve Stocks. Source: Energy Information Administration. Track eco…

On October 6, 2025, the Brent crude oil price stood at 65.55 U.S. dollars per barrel, compared to 61.69 U.S. dollars for WTI oil and 66.26 U.S. dollars for the OPEC basket. Oil prices rose slightly that week.Europe's Brent crude oil, the U.S. WTI crude oil, and OPEC's basket are three of the most important benchmarks used by traders as reference for global oil and gasoline prices. Lowest ever oil prices during coronavirus pandemic In 2020, the coronavirus pandemic resulted in crude oil prices hitting a major slump as oil demand drastically declined following lockdowns and travel restrictions. Initial outlooks and uncertainty surrounding the course of the pandemic brought about a disagreement between two of the largest oil producers, Russia and Saudi Arabia, in early March. Bilateral talks between global oil producers ended in agreement on April 13th, with promises to cut petroleum output and hopes rising that these might help stabilize the oil price in the coming weeks. However, with storage facilities and oil tankers quickly filling up, fears grew over where to store excess oil, leading to benchmark prices seeing record negative prices between April 20 and April 22, 2020. How crude oil prices are determined As with most commodities, crude oil prices are impacted by supply and demand, as well as inventories and market sentiment. However, as oil is most often traded in future contracts (where a contract is agreed upon while product delivery will follow in the next two to three months), market speculation is one of the principal determinants for oil prices. Traders make conclusions on how production output and consumer demand will likely develop over the coming months, leaving room for uncertainty. Spot prices differ from futures in so far as they reflect the current market price of a commodity.

Crude Oil Storage Market Outlook

The global crude oil storage market size was valued at approximately USD 15.3 billion in 2023 and is projected to reach around USD 26.8 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.5% during the forecast period. This growth can be attributed to several factors, including increasing global oil production, strategic petroleum reserves by governments, and rising demand for energy security.

One of the primary growth factors for the crude oil storage market is the rising global production of crude oil, driven by technological advancements in extraction techniques. Hydraulic fracturing and horizontal drilling have significantly increased the production of unconventional oil and gas resources, particularly in North America. This has, in turn, necessitated the expansion of storage facilities to manage and store the excess production. Additionally, investments in oil exploration and production activities in emerging markets are further propelling the demand for crude oil storage solutions.

Another key driver for the market is the strategic petroleum reserves maintained by various governments worldwide. These reserves are essential for national security and energy independence, providing a buffer against potential supply disruptions. Countries such as the United States, China, and India have been actively expanding their strategic reserves, thereby stimulating the need for additional storage infrastructure. Furthermore, geopolitical tensions and economic uncertainties amplify the importance of maintaining substantial oil reserves, thus contributing to market growth.

In addition to the aforementioned factors, the rising demand for energy security is a significant growth driver for the crude oil storage market. With the global economy heavily reliant on oil, ensuring a stable supply chain is crucial. This has led to an increase in the construction of both commercial and strategic storage facilities to safeguard against supply interruptions and price volatility. The growing emphasis on energy security is particularly evident in regions prone to geopolitical instability or natural disasters.

From a regional perspective, the Asia Pacific region is anticipated to experience substantial growth in the crude oil storage market. This growth is driven by rapid industrialization, urbanization, and increasing energy consumption in countries such as China and India. Additionally, the Middle East & Africa region, being a major oil-producing hub, is also expected to witness significant investments in storage infrastructure to manage their substantial crude oil output and maintain market stability.

Type Analysis

The crude oil storage market is segmented by type into floating roof tanks, fixed roof tanks, bullet tanks, spherical tanks, and others. Floating roof tanks are widely used for the storage of large quantities of crude oil. These tanks are designed to minimize vapor loss and reduce the risk of fires, making them particularly suitable for storing volatile petroleum products. The adoption of floating roof tanks is driven by their relatively low cost and operational efficiency, which makes them a preferred choice in many storage facilities globally.

Fixed roof tanks, on the other hand, are commonly used for storing less volatile substances and are particularly suitable for smaller storage needs. These tanks offer the advantage of simplicity in design and operation, which makes them a cost-effective solution for many storage applications. However, issues such as vapor losses can be a significant drawback, which can impact their adoption in certain scenarios. Despite these limitations, fixed roof tanks remain a popular choice for various industrial and commercial applications.

Bullet tanks and spherical tanks are specialized types of storage facilities typically used for the storage of gases and other pressurized liquids. Bullet tanks are elongated, cylindrical storage tanks that are particularly useful for storing low vapor pressure liquids. Spherical tanks, also known as Horton spheres, are spherical in shape and designed to store liquids and gases at high pressures. These tanks are usually constructed from robust materials to withstand high pressures and are often used in petrochemical and refining industries.

Other types of crude oil storage solutions include underground storage facilities and strategic reserves, which are designed for long-term storage. Underground storage offers the advantage of reduced environmental impact and enhanced sa

API Distillate Stocks in the United States increased to 0.80 BBL/1Million in July 11 from -0.80 BBL/1Million in the previous week. This dataset provides - United States API Distillate Stocks Change- actual values, historical data, forecast, chart, statistics, economic calendar and news.

API Cushing Number in the United States remained unchanged at 0.10 BBL/1Million in July 11 from 0.10 BBL/1Million in the previous week. This dataset provides - United States Api Cushing Number- actual values, historical data, forecast, chart, statistics, economic calendar and news.

United States WS: PADD 2: CU: Net Stocks Percent of Working Storage Capacity data was reported at 0.340 % in 09 Feb 2024. This records an increase from the previous number of 0.330 % for 02 Feb 2024. United States WS: PADD 2: CU: Net Stocks Percent of Working Storage Capacity data is updated weekly, averaging 0.421 % from Jan 2020 (Median) to 09 Feb 2024, with 213 observations. The data reached an all-time high of 0.828 % in 01 May 2020 and a record low of 0.240 % in 20 Oct 2023. United States WS: PADD 2: CU: Net Stocks Percent of Working Storage Capacity data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.RB052: Petroleum Supply: Weekly Crude Oil Storage Capacity (Discontinued). Released once a week (every Wednesday) with data for the previous week (Monday to Friday). If Wednesday falls on a holiday, the data will be released on the next business day.

Oil prices held gains after a significant 6M-barrel draw in US crude stocks, though year-to-date losses exceed 10% amid concerns over an OPEC+ supply glut and shifting global trade flows.