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Data from U.S. Energy Information Administration. Forecasts by Sigmanomics Forecast Engine.
United StatesUS EIA Distillate Stocks climbed to 8.17M in January 2020
U.S. Energy Information AdministrationMonthlyReleased January 2020
US EIA Distillate Stocks climbed to 8.17M in January 2020, up 2.84M from December's 5.33M reading. The print exceeded the 1.21M consensus by 6.96M. The print is running well above the 12-month average of 5.33M.
Latest Release
8.171
Actual
1.214
Consensus
5.33
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| XAU/USD | ▲ Direct | +0.46 | COMMODITIES | Bullish XAU | → View |
| AUD/USD | ▲ Direct | +0.46 | FOREX | Bullish AUD | → View |
| NZD/USD | ▲ Direct | +0.40 | FOREX | Bullish NZD | → View |
| USD/CAD | ▼ Inverse | −0.28 | FOREX | Bearish USD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
EIA Distillate Stocks (United States) was reported at 8.17 million in January 2020. This beat the market consensus of 1.21 million by 6.96 million. The reading rose from the previous value of 5.33 million. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 115,163.43 Thousand Barrels, ranging from 100,799.00 Thousand Barrels to 132,921.00 Thousand Barrels across 51 releases. This is classified as a high-impact indicator released on a weekly basis.
WHY IT MATTERS
The trailing three releases averaged 101,733.67 Thousand Barrels, down from the prior three at 102,594.67 Thousand Barrels. Volatility over the past year (σ 8,346.94 Thousand Barrels) is higher than the prior year (σ 7,161.42 Thousand Barrels). In June readings over the past 3 years, Distillate Fuel Oil Stocks has averaged 113,010.09 Thousand Barrels.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with XAU/USD (Bullish XAU). A secondary relationship exists with AUD/USD, positively correlated (Bullish AUD).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Philadelphia Fed Manufacturing Index (Jun 18) and Initial Jobless Claims (Jun 18).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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EIA Distillate Stocks - US
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About EIA Distillate Stocks — United States
DEFINITION
EIA Distillate Stocks is a financial indicator that measures the weekly change in the amount of distillate fuel (such as diesel and heating oil) held in storage by commercial businesses in the United States. This data is released by the Energy Information Administration (EIA) and is used by investors, analysts, and policymakers to assess the current and future demand for distillate products, as well as the overall health of the energy sector. A decrease in distillate stocks may indicate a strong demand for these fuels, while an increase may suggest a weaker demand. This indicator provides valuable insights into the state of the economy and can impact the prices of distillate products and related industries.
WHY THIS INDICATOR MATTERS
Energy-supply and inventory data shape commodity-curve positioning and feed through to headline inflation and consumer-discretionary spending. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released weekly.
WHAT CHANGED THIS MONTH
Latest reading (Jan 2020): actual 8.171 Thousand Barrels, consensus 1.214 Thousand Barrels. Prior reading (Jan 2020): 5.33 Thousand Barrels.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print. Current dynamics are the primary headwind in the projection. This indicator correlates most strongly with XAU/USD (Bullish XAU, r=0.46) — a useful reference for commodities-focused traders.