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U.S. API Weekly Crude Stock

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U.S. API Weekly Crude Stock

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Status

 
Latest Release
May 22, 2018
Actual
-1.300M
Forecast
-2.800M
Previous
4.854M
The American Petroleum Institute reports inventory levels of US crude oil, gasoline and distillates stocks. The figure shows how much oil and product is available in storage.The indicator gives an overview of US petroleum demand.

If the increase in crude inventories is more than expected, it implies weaker demand and is bearish for crude prices. The same can be said if a decline in inventories is less than expected.
If the increase in crude is less than expected, it implies greater demand and is bullish for crude prices. The same can be said if a decline in inventories is more than expected.
Importance:
Country:
Currency: USD
Source: American Petroleum Institute
U.S. API Weekly Crude Stock
 
Release Date Time Actual Forecast Previous
May 31, 2018 06:30     -1.300M
May 23, 2018 06:35 -1.300M -2.800M 4.854M
May 16, 2018 06:30 4.854M   -1.850M
May 09, 2018 06:30 -1.850M   3.427M
May 02, 2018 06:30 3.427M   1.099M
Apr 25, 2018 06:30 1.099M -2.000M -1.047M

News

Crude Oil Prices - Weekly Outlook: May 14 - 18
Crude Oil Prices - Weekly Outlook: May 14 - 18 By Investing.com - May 13, 2018

Investing.com - The focus in the oil market this week will remain on geopolitical tension in the Middle East after President Donald Trump withdrew the United states from the Iranian nuclear...

Crude Oil Prices - Weekly Outlook: May 7 - 11
Crude Oil Prices - Weekly Outlook: May 7 - 11 By Investing.com - May 06, 2018

Investing.com - The showdown between President Donald Trump and Iran will likely continue to be the main driver of sentiment in the oil market this week, after prices reached their loftiest levels in...

Crude Oil Prices - Weekly Outlook: April 30 - May 4
Crude Oil Prices - Weekly Outlook: April 30 - May 4 By Investing.com - Apr 29, 2018

Investing.com - News out of Washington D.C. could be the main driver of sentiment in the oil market this week, as speculation swirls that the United States will renew sanctions against Iran, a major...

Analysis

Jeffrey Halley
Oil Settles Into A Range (For Now) By Jeffrey Halley - Mar 20, 2017

Despite an early sell-off in Asia trading, crude has rallied to rest almost unchanged on the day. All said crude has held up reasonably well as the week starts, following Friday’s Baker Hughes...

API Weekly Crude Oil Stock Discussion

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