United States EIA Distillate Stocks Change

Info

History

Chart

Impact:

Low

Source: U.S. Energy Information Administration

Latest Release:

Date:

Surprise:

-0.525M

Actual:

-0.825M

Forecast: -0.3M

Previous/Revision:

-1.71M

Period: Jul/04

Next Release:

Date:

Period: Jul/11

What Does It Measure?

The United States EIA Distillate Stocks Change measures the weekly variation in the inventory levels of distillate fuel, which includes diesel and heating oil, at commercial storage sites across the United States. This indicator primarily focuses on supply levels and assesses key components such as production, imports, and local demand for distillate fuels.

Frequency

This report is released weekly, typically on Wednesdays, and it presents a preliminary estimate of the stocks before final figures are available in subsequent reports.

Why Do Traders Care?

Traders closely monitor the EIA Distillate Stocks Change as it provides insights into supply and demand dynamics within the energy market, impacting crude oil prices and related assets. A larger-than-expected increase in stocks can indicate weaker demand or oversupply, which may have bearish effects on oil prices and energy sector stocks.

What Is It Derived From?

The EIA Distillate Stocks Change is derived from data collected by the U.S. Energy Information Administration (EIA), which surveys oil companies and operators of refineries and storage facilities. The calculations are based on the differences in distillate inventories reported weekly, adjusted for production and import levels, employing standardized methodologies for accuracy.

Description

The EIA report presents the change in distillate stocks on a week-over-week basis, reflecting the balance of supply and demand in the distillate fuel market. The preliminary data provides traders with timely information, while the revised figures released later offer a more accurate reflection of the inventory levels.

Additional Notes

This indicator is considered a coincident economic measure, directly reflecting current market conditions and trends in energy consumption. Its significance lies in its ability to affect broader economic indicators related to industrial activity, especially in sectors heavily reliant on diesel fuel, such as transportation and logistics.

Bullish or Bearish for Currency and Stocks

Higher than expected: Bearish for USD, Bearish for Stocks. Lower than expected: Bullish for USD, Bullish for Stocks. A bearish tone: Signaling higher inventory levels suggests weaker demand or oversupply, is usually bad for the USD but good for Stocks due to lower energy costs aiding consumer spending.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Time	Actual	Forecast	Previous	Surprise
Jul 09, 2025		-0.825M	-0.3M	-1.71M	-0.525M
Jul 02, 2025		-1.71M	-1.25M	-4.066M	-0.46M