Gasoline Stocks Change

Gasoline Stocks Change or Gasoline Inventories is a weekly report which is released by the US Energy Information Administration, and measures the change in number of barrels of gasoline which the commercial firms hold as inventories. This weekly report has often very volatile readings due to the high seasonality and has a high correlation with the general oil prices.

The United States Gasoline Stocks Change

The United States Gasoline Stocks Change latest weekly reading on July 12th 2017, was -1.647 million barrels, significant lower than the forecast of 1.147 million barrels but higher than the previous reading of -3.669 million barrels. It is a a highly unpredictable economic and business reading, with a long-term average for the period of years 1990-2017 of 17180 barrels. The United States Gasoline Stocks Change reading had an all-time high reading of 11.456 million barrels in May of 1993 and an all-time low reading of -8.419 million barrels in March of 1990.