API Crude Oil Stock Change in the United States decreased to -4.60 BBL/1Million in March 21 from 4.59 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 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.

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.

Stocks of crude oil in the United States increased by 1.75million barrels in the week ending March 14 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.

Oil Inventory Management Market Outlook

The global oil inventory management market size is estimated to reach approximately USD 2.8 billion in 2023 and is projected to grow to USD 4.3 billion by 2032, with a compound annual growth rate (CAGR) of 4.8% over the forecast period. This growth is largely driven by the increasing need for efficient and accurate management of oil inventories due to the fluctuating supply and demand dynamics in the oil and gas industry.

A significant growth factor of the oil inventory management market is the rising complexity of oil logistics. As oil supply chains become more intricate, with multiple touchpoints from extraction to distribution, efficient inventory management systems are vital to minimize discrepancies and ensure operational efficiency. Oil inventory management solutions, which incorporate advanced technologies such as IoT and AI, facilitate real-time monitoring and data analysis, thereby enhancing decision-making processes and reducing the risk of stockouts or overstock situations.

Another driving force is the escalating regulatory pressures and environmental standards imposed by governments globally. Accurate oil inventory management is crucial for compliance with these regulations, which aim to reduce environmental pollution and ensure safe storage and transportation of oil. Failure to meet these standards can result in hefty fines and damage to a company's reputation. Therefore, investing in advanced inventory management systems is becoming increasingly essential for oil and gas companies to maintain compliance and operate sustainably.

The growing emphasis on digital transformation and automation across the oil and gas industry is also a pivotal growth factor. Companies are adopting digital inventory management solutions to replace traditional, manual methods that are prone to errors and inefficiencies. These digital solutions offer enhanced accuracy, transparency, and traceability, which are critical for optimizing supply chains and improving overall operational efficiency. Additionally, the integration of blockchain technology into inventory management systems is emerging as a trend, providing secure and immutable records of oil transactions.

From a regional perspective, North America is expected to hold a significant share of the oil inventory management market during the forecast period, driven by the presence of major oil companies and stringent regulatory frameworks. Asia-Pacific is anticipated to exhibit the highest growth rate due to increasing oil consumption and investments in infrastructure development. Europe, Latin America, and the Middle East & Africa are also poised for steady growth, supported by technological advancements and regulatory compliance needs.

Component Analysis

The oil inventory management market can be segmented by component into software, hardware, and services. The software segment is expected to dominate the market, driven by the increasing adoption of sophisticated inventory management software solutions that offer real-time data analytics, predictive maintenance, and enhanced decision-making capabilities. Software solutions are designed to integrate seamlessly with existing systems, providing a holistic view of inventory levels and facilitating proactive management.

Hardware components, including sensors, RFID tags, and automated storage and retrieval systems, are also critical to the efficient functioning of inventory management systems. These hardware components enable accurate data capture and real-time monitoring of inventory levels, thereby reducing the risk of human error and enhancing operational efficiency. The demand for advanced hardware solutions is likely to grow as companies seek to modernize their inventory management infrastructure.

Services, encompassing installation, maintenance, training, and consultancy, play a pivotal role in the overall adoption and performance of oil inventory management systems. As companies invest in new technologies, the need for professional services to ensure seamless implementation and ongoing support becomes paramount. Service providers offer expertise in system integration, troubleshooting, and optimization, thereby enhancing the value derived from inventory management solutions.

The integration of software, hardware, and services is essential for creating comprehensive and effective oil inventory management solutions. Companies are increasingly seeking end-to-end solutions that combine these components to address their unique inventory management

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 global oil inventory management market was valued at approximately USD 6.5 billion in 2022 and is expected to reach USD 11.5 billion by 2033, registering a CAGR of 5.7% during the forecast period (2023-2033). The market's growth is attributed to the increasing demand for real-time inventory visibility and optimization, the need for improved efficiency and cost reduction, and the rising adoption of cloud-based inventory management solutions. The oil inventory management market is segmented based on type (periodic inventory system, perpetual inventory, stock locator database, grid coordinating numbering system), application (asset tracking, product differentiation, service management, inventory optimization), company (Zoho Inventory, Vyapar, Oracle NetSuite ERP, AlignBooks, Horizon ERP, DataCo, Greasebook, Orion ERP), and region (North America, South America, Europe, Middle East & Africa, Asia Pacific). The North American region dominated the market in 2022 and is expected to maintain its dominance throughout the forecast period. The region's growth can be attributed to the increasing adoption of digital technologies, the presence of major oil and gas companies, and the government's initiatives to improve supply chain efficiency. Oil Inventory Management: A Detailed Overview Oil inventory management plays a crucial role in the energy sector, ensuring efficient storage, distribution, and utilization of oil resources. This report provides a comprehensive analysis of the global oil inventory management market, highlighting its concentration, product insights, market segmentation, regional trends, drivers, restraints, emerging trends, growth catalysts, leading players, and significant developments.

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 global inventory management in oil and gas market is projected to reach USD 10.5 billion by 2033, exhibiting a CAGR of 6.2% during the forecast period. The increasing demand for oil and gas, coupled with the need for efficient management of inventory, is driving the growth of the market. The adoption of advanced technologies, such as IoT, AI, and cloud computing, is further expected to fuel the market growth. The North American region is estimated to hold the largest market share, owing to the presence of several major oil and gas companies in the region. The growing demand for effective inventory management solutions to optimize operations and minimize costs is fueling the market growth. Key players in the market include Zoho Inventory, Vyapar, Oracle NetSuite ERP, AlignBooks, Horizon ERP, DataCo, Greasebook, Orion ERP, and others. The adoption of advanced technologies, such as IoT, AI, and cloud computing, is transforming the inventory management process, enabling real-time tracking, predictive analytics, and automated decision-making. The increasing adoption of cloud-based solutions is also expected to drive market growth due to their scalability, flexibility, and cost-effectiveness. Inventory management plays a pivotal role in the oil and gas industry, supporting various operations and ensuring uninterrupted supply chains. This report provides an in-depth analysis of the inventory management landscape, covering market trends, industry developments, and key players.

Inventory day of crude oil is a crucial event that provides important data on supply and demand dynamics in the oil market. Learn how these inventory reports impact oil prices, trading activities, and decision-making processes.

United States Petroleum Supply: Crude Oil: Stock Change data was reported at -878.000 Barrel/Day th in 20 Jul 2018. This records a decrease from the previous number of 834.000 Barrel/Day th for 13 Jul 2018. United States Petroleum Supply: Crude Oil: Stock Change data is updated weekly, averaging 74.000 Barrel/Day th from Nov 2001 (Median) to 20 Jul 2018, with 872 observations. The data reached an all-time high of 2,060.000 Barrel/Day th in 28 Oct 2016 and a record low of -2,073.000 Barrel/Day th in 02 Sep 2016. United States Petroleum Supply: Crude Oil: Stock Change 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.

Crude Oil decreased 2.12 USD/BBL or 2.95% since the beginning of 2025, 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 March of 2025.

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.

Brent decreased 0.64 USD/BBL or 0.85% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Brent crude oil - values, historical data, forecasts and news - updated on March of 2025.

Inventory Management in Oil and Gas Market Analysis

The Inventory Management in Oil and Gas Market is experiencin...

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.

Graph and download economic data for Quarterly Financial Report: U.S. Corporations: Petroleum and Coal Products: Inventories (QFR214324USNO) from Q4 2000 to Q4 2024 about coal, petroleum, finance, inventories, nondurable goods, corporate, goods, manufacturing, industry, and USA.

This data set contains links to the Gulf of America Region Oil and Gas Operations Report (OGOR-C) Product Sales/Inventory from Facility (1985-Present).

Cushing Crude Oil Stocks in the United States increased to -1009 Thousand Barrels in March 14 from -1228 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.