current crude oil price per barrel In the early hours of Wednesday, crude oil inventories were down (though gasoline inventories rose), boosting U.S. oil prices, according to zero hedge, a leading financial blog. But oil inventories in the EIA fell by five weeks, while gasoline inventories rose in six weeks and oil prices were volatile. In addition, us crude oil output was at a record high. Currently, us oil is trading at $57.56. The oil was trading at $63.95, up 0.25%. 2. Accounting earnings are based on the assumption of accounting instalments, which refers to the production and operation results of a certain period of time. Early accounting earnings is calculated according to the cash basis, and the modern accounting earnings is according to the classification current income and expenses of accrual basis, after the appropriate ratio calculated. However, the benefits of cash determination are more acceptable to users. Phoenix iMarkets compiled from ZeroHedge, according to government data compiled by Labyrinth consulting services, the growth trend of U.S. personal vehicle mileage (VMT) has been steady since June 2017. The possibility of a halt to growth in U.S. personal vehicle miles (VMT) has been around since the start of 2014, which could signal a slowdown in crude oil consumption.