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News and Notes about The Dow Jones Industrial Average (DJIA), The NASDAQ Composite Index, The S & P 500 Index, New York Spot Gold, NYMEX Crude Oil Future, the 10-Year Treasury Note Yield, the Federal Funds Target Rate and the New York Stock Markets in General.

Wednesday, January 30, 2008

Crude Oil Inventories Report for Week of January 25, 2007

The U.S. Crude Oil Inventories report for the week that ended on January 25, 2007 was released this morning:

Weekly Change: +3,600,000 Barrels

Yearly Change: -31,900,000 Barrels

Current U.S. Crude Oil Stocks: 293,000,000 Barrels

Diminishing crude oil inventories can translate to higher crude oil prices (and vice versa), but not always.

The report is produced by the U.S. Energy Information Administration (EIA).

Click here for a more detailed summary of The Week in Petroleum.

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