EIA petroleum inventories have become one of the most watched crude reports since oil prices passed past $100 per barrel. Crude oil and commodities are affected by a falling dollar, terrorist threats as well as supply and demand . Speculators have also come to the petroleum market in force causing some decoupling from supply and demand dynamics. These factors combined with recessionary pressures in the U.S. and international economies makes petroleum a complex commodity to forecast. Investors will have their eyes on eia petroleum inventories for the foreseeable future.
EIA Petroleum Status Report
| Week Ending Report | 6/13 | 6/6 | 5/30 | 5/23 | 5/16 | 5/9 | 5/2 | 4/25 | 4/18 | 4/11 | 4/4 | 3/29 | 3/22 | 3/15 | 3/7 | 2/29 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Crude Oil Stocks (Mill of Barrels) | 301 | 302.2 | 306.8 | 311.6 | 320.4 | 325.8 | 325.6 | 319.9 | 315.1 | 313.7 | 316.0 | 319.2 | 311.8 | 311.7 | 311.6 | 305.4 |
EIA Petroleum Status Report reports weekly information on petroleum inventories in the U.S. It includes domestic production and imported oil. Crude oil inventory has a direct affect on oil prices which can dramatically influence the U.S. economy. Crude oil is considered a major commodity in the U.S. and gets considerable attention from economists.