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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 21, 2017
Actual
-6.356M
Forecast
-1.500M
Previous
6.513M
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
Nov 22, 2017 08:35 -6.356M -1.500M 6.513M
Nov 15, 2017 08:35 6.513M -2.200M -1.562M
Nov 08, 2017 08:30 -1.562M -2.700M -5.087M
Nov 01, 2017 07:30 -5.087M -2.100M 0.591M
Oct 25, 2017 07:30 0.591M -0.425M -7.130M
Oct 18, 2017 07:30 -7.130M -4.200M 3.097M

News

Crude Oil Prices - Weekly Outlook: November 20 - 24
Crude Oil Prices - Weekly Outlook: November 20 - 24 By Investing.com - Nov 19, 2017

Investing.com - Crude oil prices jumped on Friday, but failed to offset their first weekly loss in six weeks as fears over rising U.S. output persisted, while falling expectations for an extension of ...

Crude Oil Prices - Weekly Outlook: November 13 - 17
Crude Oil Prices - Weekly Outlook: November 13 - 17 By Investing.com - Nov 12, 2017

Investing.com - Oil prices settled a bit lower on Friday, with a recent rally finally showing signs of slowing after closely-watched data showed an uptick in U.S. drilling activity. Oilfield services...

Crude Oil Prices - Weekly Outlook: November 6 - 10
Crude Oil Prices - Weekly Outlook: November 6 - 10 By Investing.com - Nov 05, 2017

Investing.com - Oil prices extended their recent rally on Friday to reach the highest level in more than two years amid expectations that major global producers will extend a deal to curb production ...

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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