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.

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 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.

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.

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.

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

The global Oil Inventory Management System market is experiencing robust growth, projected to reach an estimated $2,500 million by 2025, with a significant Compound Annual Growth Rate (CAGR) of 8.5% during the forecast period of 2025-2033. This expansion is primarily driven by the increasing complexity of oil supply chains, the critical need for accurate stock monitoring to prevent losses, and the imperative to comply with stringent regulatory frameworks governing oil storage and handling. Technologies like Perpetual Inventory Systems and Stock Locator Databases are gaining traction as they offer real-time visibility and enhanced accuracy, crucial for optimizing operations and minimizing risks in a volatile market. The application segment of Inventory Optimization is a key beneficiary, as companies leverage these systems to reduce carrying costs, improve demand forecasting, and streamline replenishment processes, ultimately boosting profitability and operational efficiency. Further fueling this market's growth are the evolving trends such as the integration of advanced analytics and AI for predictive maintenance and demand sensing, alongside the adoption of cloud-based inventory management solutions for scalability and accessibility. While the substantial initial investment for sophisticated systems and the inherent complexity of integrating them with existing infrastructure present certain restraints, the long-term benefits of enhanced efficiency, reduced waste, and improved decision-making are compelling companies to overcome these hurdles. Regions like North America and Asia Pacific are expected to lead the market, driven by substantial oil production, refining capacities, and a proactive approach to technological adoption. Key players like Oracle NetSuite ERP and Zoho Inventory are continuously innovating to offer comprehensive solutions catering to diverse industry needs, further solidifying the market's upward trajectory. Here is a report description on Oil Inventory Management Systems, structured as requested:

The oil inventory management market is experiencing robust growth, driven by increasing demand for efficient inventory tracking and management in the volatile energy sector. The market's expansion is fueled by several key factors, including the rising need for real-time visibility into oil stocks, stringent regulatory compliance requirements, and the adoption of advanced technologies like IoT sensors and AI-powered analytics for predictive inventory optimization. Companies are increasingly investing in sophisticated inventory management systems to minimize storage costs, reduce waste, and prevent stockouts, ultimately enhancing operational efficiency and profitability. Furthermore, the integration of inventory management systems with other enterprise resource planning (ERP) solutions is streamlining workflows and improving overall supply chain visibility. While the market faces challenges such as high initial investment costs for advanced software and the complexity of integrating legacy systems, the long-term benefits of improved inventory control outweigh these hurdles, ensuring sustained market growth. We estimate the market size to be approximately $15 Billion in 2025, with a Compound Annual Growth Rate (CAGR) of 8% for the forecast period of 2025-2033, projecting a market value exceeding $30 Billion by 2033. This growth is influenced by a multitude of factors such as increased global energy consumption, stricter environmental regulations, and the ongoing digital transformation in the oil and gas industry. The competitive landscape is characterized by a mix of established players offering comprehensive ERP solutions and specialized inventory management software providers catering to niche market segments. Key players like Zoho Inventory, Vyapar, Oracle NetSuite ERP, AlignBooks, Horizon ERP, DataCo, Greasebook, and Orion ERP are actively investing in R&D to enhance their offerings and expand their market reach. Geographical expansion, strategic partnerships, and mergers & acquisitions are expected to shape the market dynamics in the coming years. Specific regional growth will be influenced by factors such as infrastructure development, technological advancements, and government policies supporting the digitalization of the oil and gas sector. The market is segmented based on deployment type (cloud-based, on-premise), enterprise size (small, medium, large), and geographic location (North America, Europe, Asia Pacific, etc.). The cloud-based segment is projected to dominate due to its scalability, cost-effectiveness, and ease of access.

Discover the latest EIA report on the notable decline in U.S. crude and fuel inventories, driven by increased refining activity and rising demand, affecting oil prices.

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.

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

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 Oil Inventory Management System market report offers a thorough competitive analysis, mapping key players’ strategies, market share, and business models. It provides insights into competitor dynamics, helping companies align their strategies with the current market landscape and future trends.

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.

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.

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.