The stocks of goods held by firms in Saudi Arabia increased by 23644 SAR Million in the fourth quarter of 2019. Changes in Inventories in Saudi Arabia averaged 22295.31 SAR Million from 2008 until 2019, reaching an all time high of 64489 SAR Million in the second quarter of 2017 and a record low of -51388 SAR Million in the fourth quarter of 2017. In Saudi Arabia, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - Saudi Arabia Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in the United Kingdom decreased by 3161 GBP Million in the fourth quarter of 2019. Changes in Inventories in the United Kingdom averaged 643.23 GBP Million from 1955 until 2019, reaching an all time high of 11359 GBP Million in the fourth quarter of 1988 and a record low of -9083 GBP Million in the first quarter of 2009. In the United Kingdom, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - United Kingdom Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in El Salvador increased by 354 USD Million in 2019. Changes in Inventories in El Salvador averaged 256.51 USD Million from 2005 until 2019, reaching an all time high of 826.30 USD Million in 2018 and a record low of -192.60 USD Million in 2009. In El Salvador, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - El Salvador Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in Botswana increased by 2054.40 BWP Million in 2019. Changes in Inventories in Botswana averaged 515.52 BWP Million from 1999 until 2019, reaching an all time high of 5103.70 BWP Million in 2008 and a record low of -2965.70 BWP Million in 2018. In Botswana, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - Botswana Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in Georgia increased by 637.60 GEL Million in the fourth quarter of 2019. Changes in Inventories in Georgia averaged 154.72 GEL Million from 1996 until 2019, reaching an all time high of 637.60 GEL Million in the fourth quarter of 2019 and a record low of -261.70 GEL Million in the second quarter of 2009. In Georgia, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - Georgia Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in Russia decreased by 615.20 RUB Billion in the fourth quarter of 2019. Changes in Inventories in Russia averaged 165.09 RUB Billion from 1993 until 2019, reaching an all time high of 2009.30 RUB Billion in the third quarter of 2015 and a record low of -1157.20 RUB Billion in the fourth quarter of 2014. In Russia, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - Russia Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in Belarus increased by 485.40 BYN Million in the fourth quarter of 2019. Changes in Inventories in Belarus averaged 289.88 BYN Million from 2014 until 2019, reaching an all time high of 1373.50 BYN Million in the third quarter of 2019 and a record low of -284.90 BYN Million in the second quarter of 2015. In Belarus, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - Belarus Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in Moldova decreased by 759560.20 MDL Thousand in the fourth quarter of 2019. Changes In Inventories in Moldova averaged 313458.29 MDL Thousand from 2003 until 2019, reaching an all time high of 3352258.60 MDL Thousand in the third quarter of 2019 and a record low of -1606895 MDL Thousand in the fourth quarter of 2015. This page provides the latest reported value for - Moldova Changes In Inventories - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The stocks of goods held by firms in Costa Rica increased by 152718.40 CRC Million in the fourth quarter of 2019. Changes in Inventories in Costa Rica averaged 13619.73 CRC Million from 1991 until 2019, reaching an all time high of 425553.70 CRC Million in the fourth quarter of 2018 and a record low of -341866.10 CRC Million in the second quarter of 2009. In Costa Rica, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - Costa Rica Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in Dominican Republic decreased by 40973.83 DOP Millions in the fourth quarter of 2019. Changes In Inventories in Dominican Republic averaged 1374.89 DOP Millions from 1991 until 2019, reaching an all time high of 20950.35 DOP Millions in the first quarter of 2015 and a record low of -40973.83 DOP Millions in the fourth quarter of 2019. This page provides - Dominican Republic Changes In Inventories- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in Honduras decreased by 522.80 HNL Million in 2019. Changes in Inventories in Honduras averaged 1859.52 HNL Million from 2000 until 2019, reaching an all time high of 4803.70 HNL Million in 2011 and a record low of -3556.20 HNL Million in 2009. In Honduras, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - Honduras Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in Bolivia decreased by 1745176 BOB Thousand in the fourth quarter of 2019. Changes In Inventories in Bolivia averaged 26087.77 BOB Thousand from 1990 until 2019, reaching an all time high of 1075796 BOB Thousand in the first quarter of 2019 and a record low of -1899294 BOB Thousand in the fourth quarter of 2015. This page provides - Bolivia Changes In Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in Mauritius increased by 176 MUR Million in the fourth quarter of 2019. Changes in Inventories in Mauritius averaged 718.03 MUR Million from 1999 until 2019, reaching an all time high of 3458 MUR Million in the fourth quarter of 2010 and a record low of -3498.10 MUR Million in the first quarter of 2001. In Mauritius, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides the latest reported value for - Mauritius Changes in Inventories - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The stocks of goods held by firms in Cameroon increased by 73.80 XAF Billion in the third quarter of 2019. Changes In Inventories in Cameroon averaged 26.98 XAF Billion from 2016 until 2019, reaching an all time high of 204.70 XAF Billion in the fourth quarter of 2017 and a record low of -308.30 XAF Billion in the first quarter of 2017. This page provides - Cameroon Changes In Inventories- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in South Africa decreased by 40330 ZAR Million in the fourth quarter of 2019. Changes in Inventories in South Africa averaged 6936.62 ZAR Million from 1960 until 2019, reaching an all time high of 66699 ZAR Million in the first quarter of 2015 and a record low of -59774 ZAR Million in the third quarter of 1979. In South Africa, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - South Africa Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in South Korea increased by 5557.80 KRW Billion in the first quarter of 2020. Changes in Inventories in South Korea averaged 1981.22 KRW Billion from 1960 until 2020, reaching an all time high of 12981.70 KRW Billion in the second quarter of 2011 and a record low of -9865.30 KRW Billion in the first quarter of 1998. In South Korea, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - South Korea Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in the United States decreased by 16.32 USD Billion in the first quarter of 2020. Changes in Inventories in the United States averaged 33.78 USD Billion from 1950 until 2020, reaching an all time high of 173.21 USD Billion in the first quarter of 2015 and a record low of -245.13 USD Billion in the third quarter of 2009. In the United States, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - United States Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in Namibia decreased by 5225 NAD Million in 2019. Changes in Inventories in Namibia averaged -308.78 NAD Million from 1980 until 2019, reaching an all time high of 1328.20 NAD Million in 2008 and a record low of -5225 NAD Million in 2019. In Namibia, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - Namibia Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in France increased by 6800 EUR Million in the first quarter of 2020. Changes In Inventories in France averaged 1144.83 EUR Million from 1950 until 2020, reaching an all time high of 8744 EUR Million in the fourth quarter of 2015 and a record low of -5718 EUR Million in the third quarter of 2009. This page provides - France Gross Fixed Capital Formation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in Spain increased by 2839 EUR Million in the first quarter of 2020. Changes in Inventories in Spain averaged 1226.53 EUR Million from 1995 until 2020, reaching an all time high of 3071 EUR Million in the fourth quarter of 2018 and a record low of -3183 EUR Million in the first quarter of 2009. In Spain, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides the latest reported value for - Spain Changes in Inventories - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The stocks of goods held by firms in Sri Lanka decreased by 7711.60 LKR Million in 2019. Changes in Inventories in Sri Lanka averaged 533207.98 LKR Million from 2010 until 2019, reaching an all time high of 1217425.70 LKR Million in 2017 and a record low of -7711.60 LKR Million in 2019. In Sri Lanka, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - Sri Lanka Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in Ecuador decreased by 139670 USD THO in the fourth quarter of 2019. Changes in Inventories in Ecuador averaged 144519.29 USD THO from 2000 until 2019, reaching an all time high of 578608 USD THO in the third quarter of 2008 and a record low of -236838 USD THO in the first quarter of 2016. In Ecuador, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - Ecuador Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in Indonesia increased by 50546.33 IDR Billion in the first quarter of 2020. Changes in Inventories in Indonesia averaged 20768.27 IDR Billion from 2000 until 2020, reaching an all time high of 82372.21 IDR Billion in the first quarter of 2012 and a record low of -57612.55 IDR Billion in the fourth quarter of 2015. In Indonesia, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - Indonesia Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in Kazakhstan increased by 2594937 KZT Million in the fourth quarter of 2019. Changes in Inventories in Kazakhstan averaged 675031.24 KZT Million from 2004 until 2019, reaching an all time high of 2594937 KZT Million in the fourth quarter of 2019 and a record low of -64693 KZT Million in the first quarter of 2008. In Kazakhstan, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - Kazakhstan Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in Philippines decreased by 138085.89 PHP Million in the first quarter of 2020. Changes in Inventories in Philippines averaged -3072.74 PHP Million from 1998 until 2020, reaching an all time high of 92123.96 PHP Million in the fourth quarter of 2010 and a record low of -138085.89 PHP Million in the first quarter of 2020. In Philippines, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - Philippines Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Henry Hub natural gas spot prices averaged $2.02 per million British thermal units in January according to the U.S. Energy Information Administration. Typically, January natural gas prices are among the highest of the year; however, warmer-than-normal January temperatures across much of the northern hemisphere contributed to the lowest average January spot price in many years. After beginning 2018 and 2019 with low U.S. working natural gas inventories, EIA forecasted that normal winter temperatures in the first quarter of 2020, along with production growth, would bring total inventories back over the five-year average this winter. So far this winter, temperatures have actually been warmer than normal, and EIA estimates that in January there were 18% fewer heating degree days in the United States than the prior ten-year average. As a result of reduced space heating demand, U.S. natural gas working inventories ended January 9% above the five-year average, higher than previously forecasted. In its February Short-Term Energy Outlook, EIA forecasts that at the close of the April-October injection season, working inventories will reach almost 4.1 trillion cubic feet on October 31, which would be the highest end-of-October inventory record on level. Expecting inventories to remain elevated as winter heating season winds down, EIA forecasts that Henry Hub natural gas prices will average $2.21 per million British thermal units in 2020, down from $2.57 per million British thermal units in 2019. In 2021, EIA expects natural gas prices to increase, reaching an average annual price of $2.53 per million British thermal units.

As a result of the global economic slowdown related to COVID-19, the U.S. Energy Information Administration estimates that global petroleum and liquids consumption will average 95.5 million barrels per day in 2020, down 5.2 million barrels per day from 2019. EIA forecasts that U.S. oil consumption will decline 6.5% in 2020 to average 19.1 million barrels per day, which would be the largest percentage decline in U.S. consumption since 1980. At the same time, in its April 2020 Short-Term Energy Outlook, EIA expects global oil supply to increase in the coming months from first-quarter 2020 levels. Total world liquids supply will average 98.7 million barrels per day through the third quarter of 2020. These supply and demand developments are contributing to a significant increase in liquid fuels inventories. EIA estimates that second-quarter 2020 global petroleum inventories will increase an average 11.4 million barrels per day. Within the Organization for Economic Cooperation and Development, the most stocks recorded in historical data were in July 2016 at 3.1 billion barrels. EIA forecasts inventories will surpass this level as production continues to outpace consumption. EIA expects these large stock builds will put downward pressure on crude oil prices for several months. Brent crude oil prices averaged 32 dollars per barrel in March, the lowest monthly average since January 2016. EIA forecasts Brent crude oil to average 23 dollars per barrel during the second quarter of 2020 before increasing to an average 46 dollars per barrels in 2021.

On April 27, 2020, the U.S. average regular retail gasoline price was $1.77 per gallon (gal), the lowest price since February 2016. On May 4, the U.S. average gasoline price increased slightly to $1.79/gal. The United States declared a national emergency on March 13 in response to concerns regarding spread of the 2019 novel coronavirus disease (COVID-19). From March 16 to May 4, the U.S. average regular retail gasoline price fell by $0.46/gal. The lower gasoline prices reflect low crude oil prices, low gasoline demand, and rising gasoline inventories. ...

US West Texas Intermediate (WTI) crude futures fell as much as 2.1 per cent to $24.05 a barrel and were down 14 cents at $24.41 a barrel at 0201 GMT. WTI has snapped a five-day winning streak.

While prices have risen sharply since late April as some countries have started easing lockdowns put in place to combat the worst pandemic in a century, oil continues to be pumped into storage, leaving a massive mismatch between demand and supply.

Brent crude was up by 12 cents, or 0.4%, to $29.84 a barrel 0044 GMT, after falling earlier in the Asian session and dropping 4% on Wednesday.

Inventory losses would be more for refineries located away from the coast because they have to stock crude oil for longer periods.Besides inventory losses, operating performance of refiners is expected to remain weak in the first quarter of fiscal 2021 due to lower volumes and weak GRMs