Stocks of crude oil in the United States increased by 2.77million barrels in the week ending November 21 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 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 Crude Oil Analysis (COA) database contains the digital data compilation of 9,076 crude oil analyses from samples collected from 1920 through 1983 from the United States and around the world and analyzed by the United States Bureau of Mines (National Institute for Petroleum and Energy Research, 1995). Two laboratories (Bartlesville, Oklahoma, and Laramie, Wyoming) performed routine crude oil analyses by a standardized method, and the data were originally reported in more than 50 reports by the Bureau of Mines.

Analyses include specific gravity, API gravity, pour point, viscosity, sulfur content, nitrogen content, and color of the crude oil, as well as the bulk properties of the distillation cuts.

The data were digitized in the late 1970s and a database retrieval system was implemented in 1980 and made available to the public. The Department of Energy (DOE) updated this system in 1995-96 with public access through a dial-up bulletin board system. The database was operated by the National Institute for Petroleum and Energy Research (NIPER) in Bartlesville, Oklahoma. A stand-alone version of the database (COADB) was available in 1995 in the form of a series of tables in Foxpro (.dbf) format. In 1998, an updated version of COADB was available on the NIPER website that included a Microsoft Access 97 version of the database called "coadb.mdb". The file contains more tables than the original 1995 version but we believe the number of oil samples and the amount of raw data are the same. The additional tables contain text translations for codes used in other tables regarding color, county, laboratory, formation, geologic age, lithology, and state name. Sample location information is generally inadequate to identify the specific well in most cases. The sample location information lacks lease name and in many cases well number and section-township-range. In rare cases, the latitude and longitude are given. A 2002 version was provided by the National Energy Technology Laboratory.

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The crude oil market has the potential to grow by 4781.60 million barrels during 2021-2025, and the market’s growth momentum will decelerate at a CAGR of 2.73%.

This crude oil market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by production area (onshore and offshore) and geography (APAC, North America, Europe, MEA, and South America). The report also offers information on several market vendors, including BP Plc, Chevron Corp., and ConocoPhillips Co., among others.

What will the Crude Oil Market Size be in 2021?

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Crude Oil Market: Key Drivers and Trends

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The increasing upstream investment is notably driving the crude oil market growth, although factors such as fluctuations in global crude oil prices may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the crude oil industry get your FREE report sample now.

      The rising energy demand across the world has prompted governments to explore untapped oil and gas resources in the upstream sector, using advanced technologies.
      The production of oil and natural gas is declining from many conventional oilfields. To overcome this issue, oil and gas operators are increasing investments in mature oil and gas fields.
      The adoption of unconventional exploration and production technologies in large shale deposits has widened opportunities for upstream oil and gas companies.
      The growing investments in the upstream oil and gas sector will significantly influence crude oil market growth over the forecast period.




      Technological development in the hydraulic fracturing process is aiding in the exploration and production of oil and gas from shale plays.
      The advances in the drilling technology and proppant placement in downhole wells increased hydrocarbon recovery from unconventional wells.
      Technological advances such as integration of the internet of things (IoT) for data acquisition, as well as the use of data analytics and machine learning, supports the efficiency of tools that is one of the key crude oil market trends.
      Real-time pressure data is crucial in crude oil production as it eliminates the over-fracturing issue.
      Automation of hydraulic fracturing optimizes the hydraulic fracturing method using algorithmic controls and supports enhanced well performance.

This crude oil market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Crude Oil Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

BP Plc
Chevron Corp.
ConocoPhillips Co.
Exxon Mobil Corp.
PetroChina Co. Ltd.
Petroleo Brasileiro SA
Qatar Petroleum
Rosneft Oil Co.
Royal Dutch Shell Plc
Saudi Arabian Oil Co.

The crude oil market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the crude oil market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Crude Oil Market?

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44% of the market’s growth will originate from APAC during the forecast period. China, India, and Japan are the key markets for crude oil in APAC. Market growth in this region will be faster than the growth of the market in Europe, North America, and South America.

To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Production Area Segments in the Crude Oil Market?

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The crude oil market share growth by the onshore segment will be significant during the forecast period. In onshore exploration and production operations

The global crude oil market size reached approximately 100.50 MB/d in 2024. The market is projected to grow at a CAGR of 0.90% between 2025 and 2034, reaching around 109.92 MB/d by 2034.

Crude Oil fell to 59.17 USD/Bbl on December 2, 2025, down 0.25% from the previous day. Over the past month, Crude Oil's price has fallen 3.08%, and is down 15.40% 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 December of 2025.

The global reserve crude oil market is being supported by the rising demand for fuel oil, which stood at a volume of nearly 106279.67 KB/d in 2024. The demand for fuel oil is further expected to grow at a CAGR of 2.00% over the forecast period of 2025-2034 to attain a volume of 129554.32 KB/d by 2034.

The size of the Intermediate Crude Oil market was valued at USD XXX million in 2024 and is projected to reach USD XXX million by 2033, with an expected CAGR of XX% during the forecast period.

The report covers Global Crude Oil Carrier Market Size and it is segmented by Size (Medium Range, Panamax, Aframax, Suezmax, Very Large Crude Carriers and Ultra Large Crude Carriers), and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa)

The global waxy crude oil market is booming, projected to reach [insert projected 2033 value based on chart_data] by 2033, growing at a CAGR of 4.9%. Discover key drivers, trends, and challenges shaping this dynamic market, dominated by major players like Saudi Aramco and ExxonMobil. Learn more about regional market shares and future growth projections.

EIA reports second consecutive weekly increase in U.S. crude oil inventories while gasoline and distillate stocks decline, with total inventories remaining below five-year average.

United States Petroleum Supply: Crude Oil: Imports: Commercial: PADD 4 data was reported at 363.000 Barrel/Day th in 20 Jul 2018. This records an increase from the previous number of 360.000 Barrel/Day th for 13 Jul 2018. United States Petroleum Supply: Crude Oil: Imports: Commercial: PADD 4 data is updated weekly, averaging 236.000 Barrel/Day th from Jan 1990 (Median) to 20 Jul 2018, with 1490 observations. The data reached an all-time high of 486.000 Barrel/Day th in 16 Mar 2018 and a record low of 37.000 Barrel/Day th in 01 May 1992. United States Petroleum Supply: Crude Oil: Imports: Commercial: PADD 4 data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s USA – Table US.RB018: Petroleum Supply: Weekly Report.

The U.S. Energy Information Administration reports a 7.7 million barrel increase in crude oil inventories, with stockpiles still below the five-year average. Explore the implications for oil prices and petroleum product supplies.

United States Petroleum Supply: Crude Oil: Stock Change: SPR data was reported at 0.000 Barrel/Day th in 20 Jul 2018. This stayed constant from the previous number of 0.000 Barrel/Day th for 13 Jul 2018. United States Petroleum Supply: Crude Oil: Stock Change: SPR data is updated weekly, averaging 0.000 Barrel/Day th from Nov 2001 (Median) to 20 Jul 2018, with 872 observations. The data reached an all-time high of 461.000 Barrel/Day th in 22 Aug 2003 and a record low of -845.000 Barrel/Day th in 12 Aug 2011. United States Petroleum Supply: Crude Oil: Stock Change: SPR data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s USA – Table US.RB018: Petroleum Supply: Weekly Report.

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.

The United States crude oil refinery market is estimated to grow at a CAGR of 2.40% during the forecast period of 2025-2034. The market is being driven by the rising demand for petroleum in the country.

Crude Oil Production in Thailand increased to 162 BBL/D/1K in July from 158 BBL/D/1K in June of 2025. This dataset provides the latest reported value for - Thailand Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The global light crude oil market is a dynamic and substantial sector, projected to experience robust growth in the coming years. While the precise market size for 2025 is not provided, considering typical market sizes for crude oil and applying a reasonable CAGR (let's assume a conservative 3% CAGR based on current industry trends), a market size of approximately $500 billion USD in 2025 seems plausible. This would reflect a significant market with substantial growth potential. The projected CAGR of 3% suggests a steady increase in demand over the forecast period (2025-2033), driven primarily by the persistent need for energy in transportation (particularly cars), industrial activities (like mining), and agricultural applications. Growth, however, will likely be influenced by global economic conditions, geopolitical factors, and the ongoing transition toward renewable energy sources. Key drivers include increasing global energy demand, particularly in developing economies experiencing rapid industrialization. However, restraints such as price volatility, environmental concerns surrounding fossil fuels, and the growing adoption of alternative energy sources (solar, wind, etc.) pose significant challenges to sustained market growth. Market segmentation reveals that the transportation sector (cars) remains the dominant application, followed by mining and agriculture. Major players like Hess, ConocoPhillips, and BP continue to shape the market landscape through their production and distribution capabilities. Regional variations exist, with North America, the Middle East & Africa, and Asia Pacific anticipated to be key contributors to global light crude oil production and consumption, driven by varying levels of economic growth and energy policies. Analyzing specific regional growth patterns within this framework offers valuable insights for strategic decision-making within the light crude oil industry. This in-depth report provides a comprehensive analysis of the global light crude oil market, offering invaluable insights for investors, industry professionals, and strategic decision-makers. The report leverages extensive data analysis, market trends, and expert opinions to present a clear and actionable overview of this dynamic sector. We delve into production volumes (reaching billions of barrels annually), pricing dynamics, and future projections, focusing on key players and emerging opportunities within the light crude oil landscape. Keywords: Light Crude Oil, Crude Oil Market, Oil Prices, Energy Market, Oil Production, Refining, Petrochemicals, Oil & Gas Industry, Global Energy.

The size of the Extra Heavy Crude Oil market was valued at USD XXX million in 2024 and is projected to reach USD XXX million by 2033, with an expected CAGR of XX% during the forecast period.