API Crude Oil Stock Change in the United States decreased to -2.40 BBL/1Million in August 15 from 1.50 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.

Stocks of crude oil in the United States increased by 3.04million barrels in the week ending August 8 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.

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.

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.

Crude oil and petroleum products opening and closing inventories, by mode of transport including pipelines, marine vessels and associated terminals, by product type, monthly, not seasonally adjusted.

U.S. crude oil inventories increased significantly, while gasoline and distillate stocks fell, according to the latest EIA report. Learn about the market impacts.

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.

The 'EIA Cushing Crude Oil Stocks Change' is a weekly report published by the U.S. Energy Information Administration that measures the change in crude oil inventories at Cushing, Oklahoma, a key storage hub and delivery point for NYMEX crude oil futures.

Crude Oil rose to 62.43 USD/Bbl on August 20, 2025, up 1.07% from the previous day. Over the past month, Crude Oil's price has fallen 5.33%, and is down 13.20% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Crude Oil - values, historical data, forecasts and news - updated on August of 2025.

On August 18, 2025, the Brent crude oil price stood at 66.54 U.S. dollars per barrel, compared to 63.42 U.S. dollars for WTI oil and 68.21 U.S. dollars for the OPEC basket. Oil prices remained largely unchanged that week as economic expectations stayed low.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 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.

United States Petroleum Stocks: Crude Oil: Commercial data was reported at 446,908.000 Barrel th in 16 Nov 2018. This records an increase from the previous number of 442,057.000 Barrel th for 09 Nov 2018. United States Petroleum Stocks: Crude Oil: Commercial data is updated weekly, averaging 317,911.500 Barrel th from Aug 1982 (Median) to 16 Nov 2018, with 1886 observations. The data reached an all-time high of 535,543.000 Barrel th in 31 Mar 2017 and a record low of 247,323.000 Barrel th in 23 Jan 2004. United States Petroleum Stocks: Crude Oil: Commercial data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s United States – Table US.RB029: Petroleum Stocks: Weekly Report.

Crude oil stocks in the U.S. Strategic Petroleum Reserve (SPR) increased to nearly 400 million barrels in the first week of 2025. SPR ending stocks depleted to lows not seen since the 1980s as the U.S. government tried to combat reduced supplies from Russia throughout 2022 and 2023. Since then, sluggish world demand has again allowed for greater storing of crude oil.

Cushing Crude Oil Stocks in the United States increased to 419 Thousand Barrels in August 15 from 45 Thousand Barrels in the previous week. This dataset provides - United States Cushing Crude Oil Stocks- actual values, historical data, forecast, chart, statistics, economic calendar and news.

This dataset contains India Oil Database for 2002-2021. Data from Joint Organisations Data Initiative. Follow datasource.kapsarc.org for timely data to advance energy economics research.

United States WS: PADD 1: Fill & Stocks in Pipelines & In-Transit by Water & Rail data was reported at 286.000 Barrel th in 09 Feb 2024. This stayed constant from the previous number of 286.000 Barrel th for 02 Feb 2024. United States WS: PADD 1: Fill & Stocks in Pipelines & In-Transit by Water & Rail data is updated weekly, averaging 286.000 Barrel th from Jan 2020 (Median) to 09 Feb 2024, with 213 observations. The data reached an all-time high of 316.000 Barrel th in 20 Mar 2020 and a record low of 235.000 Barrel th in 19 Mar 2021. United States WS: PADD 1: Fill & Stocks in Pipelines & In-Transit by Water & Rail 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.

United States WS: PADD 2: CU: Fill & Stocks in Pipelines & In-Transit by Water & Rail data was reported at 2,137.000 Barrel th in 09 Feb 2024. This stayed constant from the previous number of 2,137.000 Barrel th for 02 Feb 2024. United States WS: PADD 2: CU: Fill & Stocks in Pipelines & In-Transit by Water & Rail data is updated weekly, averaging 2,229.000 Barrel th from Jan 2020 (Median) to 09 Feb 2024, with 213 observations. The data reached an all-time high of 2,484.000 Barrel th in 25 Mar 2022 and a record low of 2,137.000 Barrel th in 09 Feb 2024. United States WS: PADD 2: CU: Fill & Stocks in Pipelines & In-Transit by Water & Rail 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.

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.

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 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.

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.