Manufacturers' Total Inventories: Petroleum Refineries : 40338 (As of 2024-11-01)
Basic Info
It tracks the total value of unsold petroleum products that have been refined but not yet sold. This includes a wide range of petroleum products such as gasoline, diesel, jet fuel, heating oil, and lubricants. Petroleum product inventories are closely tied to global oil market conditions. Rising crude oil prices can lead to changes in refining output and inventory levels, as refiners balance production costs with market demand.
Monthly, End of Period , seasonally adjusted .
Manufacturers' Total Inventories: Petroleum Refineries was 40338 as of 2024-11-01, according to United States Census Bureau. Historically, Manufacturers' Total Inventories: Petroleum Refineries reached a record high of 51194 and a record low of 7942, the median value is 28068. Typical value range is from 27730 to 40349. The Year-Over-Year growth is -6.22%. GuruFocus provides the current actual value, an historical data chart and related indicators for Manufacturers' Total Inventories: Petroleum Refineries - last updated on 2024-11-01.
Category | Production & Business Activity |
Region | USA |
Source | United States Census Bureau |
Stats
Name | Value | ||
---|---|---|---|
Last Value | 40338 | ||
Latest Period | 2024-11-01 | ||
Long Term Average | 34,039.40 | ||
Average Annualized Growth Rate | +4.42% | ||
Value from 1 year ago | 43019 | ||
Change from 1 year ago | -6.23% | ||
Frequency | Daily | ||
Unit | Millions | ||
Download Source | source link |