Save US Crude Oil Inventories
EIA oil inventories reflect the changes in oil demand and supply. Oil inventories and oil price have a correlation coefficient of -0.54.
Data have shown that inventories increase from February to May as well as from September to November and decrease from June to August and in December. Inventory usually reaches a peak in April or May.
US Oil Inventories (Excluding SPR, L)2021 W42430,812.00 k
US Oil Inventories (Weekly Change, R)2021 W424,268.00 k