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United States Heating Oil Stocks

Price

534,000 Barrels
Change +/-
+343,000 Barrels
Percentage Change
+94.62 %

The current value of the Heating Oil Stocks in United States is 534,000 Barrels. The Heating Oil Stocks in United States increased to 534,000 Barrels on 10/1/2024, after it was 191,000 Barrels on 9/1/2024. From 5/14/1993 to 10/25/2024, the average GDP in United States was -50,081.61 Barrels. The all-time high was reached on 7/2/1993 with 94.21 M Barrels, while the lowest value was recorded on 6/25/1993 with -92.09 M Barrels.

Source: U.S. Energy Information Administration

Heating Oil Stocks

  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Heating Oil Stocks

Heating Oil Stocks History

DateValue
10/1/2024534,000 Barrels
9/1/2024191,000 Barrels
8/1/2024538,000 Barrels
7/1/2024255,333.333 Barrels
6/1/2024466,000 Barrels
5/1/2024374,666.667 Barrels
4/1/2024775,500 Barrels
3/1/2024676,500 Barrels
2/1/20241.536 M Barrels
1/1/2024499,000 Barrels
1
2
3
4
5
...
34

Similar Macro Indicators to Heating Oil Stocks

NameCurrentPreviousFrequency
🇺🇸
API Crude Oil Imports
954,000 BBL/1-1.15 M BBL/1frequency_weekly
🇺🇸
API Crude Oil Stock Change
-573,000 BBL/11.643 M BBL/1frequency_weekly
🇺🇸
API Crude Oil Throughputs
91,000 BBL/1-12,000 BBL/1frequency_weekly
🇺🇸
API Distillate Stocks
-1.463 M BBL/1-1.478 M BBL/1frequency_weekly
🇺🇸
API Gasoline Inventories
-3.689 M BBL/13.31 M BBL/1frequency_weekly
🇺🇸
API Heating Oil
-465,000 BBL/1-405,000 BBL/1frequency_weekly
🇺🇸
API Product Imports
384,000 BBL/1-233,000 BBL/1frequency_weekly
🇺🇸
Crude Oil Imports
-57,000 Barrels552,000 Barrelsfrequency_weekly
🇺🇸
Crude Oil Inventory Change
3.591 M BBL/1-2.547 M BBL/1frequency_weekly
🇺🇸
Cushing API Number
320,000 BBL/1-216,000 BBL/1frequency_weekly
🇺🇸
Cushing Crude Oil Inventories
-226,000 Barrels307,000 Barrelsfrequency_weekly
🇺🇸
Distillate Fuel Production
-148,000 Barrels257,000 Barrelsfrequency_weekly
🇺🇸
Distillate inventories
-977,000 Barrels-1.14 M Barrelsfrequency_weekly
🇺🇸
Gasoline Inventory Change
-2.707 M Barrels878,000 Barrelsfrequency_weekly
🇺🇸
Gasoline production
-259,000 Barrels666,000 Barrelsfrequency_weekly
🇺🇸
Natural Gas Inventory Change
21 B cubic feet18 B cubic feetfrequency_weekly
🇺🇸
Oil drilling rigs
479 485 frequency_weekly
🇺🇸
Refinery Crude Throughput
65,000 Barrels252,000 Barrelsfrequency_weekly
🇺🇸
Strategic Petroleum Reserve Crude Oil Inventories
367.811 M Barrels367.218 M Barrelsfrequency_weekly
🇺🇸
Total number of drilling rigs
585 585 frequency_weekly

What is Heating Oil Stocks?

Heating oil stocks are a crucial aspect of the global energy market. As one of the primary sources of fuel for residential heating, industrial processes, and even certain power plants, understanding the dynamics of heating oil stocks is paramount for stakeholders in various sectors. At Eulerpool, our commitment lies in providing accurate, real-time macroeconomic data to enable informed decision-making. This professional overview delves into the intricacies of heating oil stocks, exploring their significance, influencing factors, and future outlook within the broader context of the global economy. Heating oil, a derivative of crude oil, serves as a vital commodity, especially in regions characterized by cold climates. Predominantly used in Northern Europe and North America, it plays a pivotal role during the winter months when demand surges. Consequently, heating oil stocks become a critical measure of a nation's preparedness to meet this seasonal demand, ensuring both economic stability and consumer well-being. The global demand for heating oil stocks is intricately linked to several macroeconomic factors. Firstly, weather conditions significantly influence consumption patterns. Harsh winters typically lead to higher consumption rates, necessitating larger stockpiles to avert potential shortages. Conversely, mild winters can result in surplus stocks, prompting adjustments in production and storage strategies. The ability to predict and respond to these seasonal variations is essential for efficient market operations. Supply chain dynamics also play a fundamental role in shaping heating oil stocks. The production of heating oil is directly tethered to the broader oil refining process. Refineries must balance the production of various petroleum products, including gasoline, diesel, and jet fuel, alongside heating oil. Any disruption in the refining process, whether due to technical issues, maintenance, or geopolitical tensions, can pressure heating oil stocks. Furthermore, logistical aspects such as transportation infrastructure, storage capacity, and distribution networks are equally crucial in maintaining optimal stock levels. The geopolitical landscape can significantly impact heating oil stocks. International relations, trade policies, and sanctions can all influence the availability and price of crude oil, the primary raw material for heating oil. Tensions in oil-producing regions often lead to volatility in global oil prices, which subsequently affects heating oil stocks. For instance, an escalation in the Middle East could restrict crude oil supply, causing a ripple effect across the entire supply chain and leading to fluctuations in heating oil availability and prices. Economics dictates that market prices are guided by supply and demand principles, and heating oil is no exception. Heating oil prices exhibit considerable seasonality, with prices typically spiking during the winter when demand peaks. This seasonal price pattern necessitates strategic stockpiling during off-peak periods to manage costs and ensure sufficient supply during high-demand months. The interplay between market prices, inventory levels, and consumption rates forms a complex equilibrium that industry stakeholders must continually monitor and adjust. Advancements in technology and the shift towards greener energy sources are reshaping the landscape of heating oil stocks. Innovations in energy efficiency, improvements in building insulation, and the growing adoption of alternative heating technologies such as heat pumps and solar heating are gradually curtailing the demand for heating oil. Moreover, policies aimed at reducing carbon emissions and combating climate change are accelerating the transition to renewable energy sources. As a result, future projections for heating oil demand and stocks must account for these evolving trends and their potential impacts. At Eulerpool, we recognize the multifaceted nature of heating oil stocks and its implications for the global economy. Our platform is designed to provide comprehensive, real-time data on heating oil stock levels, prices, and related macroeconomic indicators. By aggregating data from a variety of reliable sources, we offer a holistic view that empowers businesses, analysts, and policymakers to make informed decisions. Our data analytics tools allow users to track historical trends, forecast future developments, and conduct scenario analyses to better understand market dynamics. In addition to providing raw data, Eulerpool's insights and expert analyses shed light on the broader implications of heating oil stocks. We examine regional differences in consumption patterns, assess the impact of regulatory changes, and explore the potential effects of technological advancements. By contextualizing data within the larger economic and geopolitical framework, we help our users navigate the complexities of the heating oil market. As we look ahead, the future of heating oil stocks will be shaped by a confluence of factors, including technological innovation, environmental policies, and shifts in consumer behavior. The ongoing transition towards a low-carbon economy presents both challenges and opportunities for the heating oil industry. Businesses must adapt to changing regulatory landscapes, invest in sustainable practices, and explore new technologies to remain competitive. Policymakers, on the other hand, must balance the need for energy security with environmental objectives, ensuring a smooth transition to greener alternatives without disrupting supply chains. In conclusion, heating oil stocks are a vital component of the global energy market, influenced by a myriad of factors ranging from weather conditions to geopolitical tensions, and economic principles to technological advancements. At Eulerpool, our mission is to provide reliable, real-time macroeconomic data that helps stakeholders navigate these complexities. By offering comprehensive insights and analyses, we enable businesses, analysts, and policymakers to make informed decisions, ensuring economic stability and consumer well-being in an ever-evolving market. As the world continues to shift towards sustainable energy solutions, staying informed and adaptable will be key to thriving in the dynamic landscape of heating oil stocks.