EIA Crude Oil Stocks Change preview: Analysts expect another inventory draw
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
| USDJPY | — | — |
The EIA Crude Oil Stocks Change report is scheduled for release on October 28, 2026, at 14:30 UTC. This high-impact event will provide updated figures on U.S. crude oil inventories. Market consensus currently forecasts a draw of -2.067M barrels. This follows the previous reading, which reported a draw of -3.06M barrels. A draw indicates a decrease in crude oil stockpiles, while a build indicates an increase.
Historically, this release has generated notable price movements across major currency pairs and gold. Over 532 releases since 2015, EURUSD has seen a median 1-hour move of 8 pips, with top-quarter releases moving 14+ pips. GBPUSD has experienced a median 1-hour move of 11 pips, with top-quarter releases moving 19+ pips over 534 releases. USDCAD has shown a median 1-hour move of 10 pips, with top-quarter releases moving 18+ pips over 534 releases. Gold, XAUUSD, has seen a median 1-hour move of 23 pips, with top-quarter releases moving 47+ pips over 528 releases. Direction-reliability statistics are not yet available for this event.
Recent data shows varied outcomes for inventory changes. The most recent release on October 21, 2026, reported an actual draw of -3.06M against a forecast of -4.804M, with EURUSD moving -0.4 pips in the hour following. Prior to that, on October 15, 2026, an actual draw of -8.557M was reported against a forecast of -0.831M, leading to a +4.2 pips EURUSD 1-hour move. Other recent prints have included both draws and builds, with EURUSD 1-hour moves ranging from -0.3 pips to +7.8 pips.