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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
Nov 23, 2021
Actual
2.307M
Forecast
-0.950M
Previous
0.655M
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
Dec 01, 2021 08:30     2.307M
Nov 24, 2021 08:30 2.307M -0.950M 0.655M
Nov 17, 2021 08:30 0.655M 1.550M -2.485M
Nov 10, 2021 08:30 -2.485M 1.900M 3.594M
Nov 03, 2021 07:30 3.594M 1.567M 2.318M
Oct 27, 2021 07:30 2.318M 1.650M 3.294M

News

Oil Up After U.S. Announces Coordinated Reserve Release
Oil Up After U.S. Announces Coordinated Reserve Release By Investing.com - Nov 24, 2021

By Gina Lee Investing.com – Oil was mixed Wednesday morning in Asia as investors digested a U.S.-led coordinated release of stocks from strategic reserves. They also took profits from the previous...

Analysis

Andy Hecht
OPEC Shoots Itself In The Foot By Andy Hecht - Jul 16, 2021

This article was written exclusively for Investing.com.US energy policy handed a gift to the international oil cartel - Energy demand is booming Russia became the most potent force starting in...

API Weekly Crude Oil Stock Discussion

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