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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
Oct 13, 2021
Actual
5.213M
Forecast
0.140M
Previous
0.951M
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
Oct 20, 2021 07:30     5.213M
Oct 14, 2021 07:30 5.213M 0.140M 0.951M
Oct 06, 2021 07:30 0.951M -0.300M 4.127M
Sep 29, 2021 07:30 4.127M -2.333M -6.108M
Sep 22, 2021 07:30 -6.108M -2.400M -5.437M
Sep 15, 2021 07:30 -5.437M -3.903M -2.882M

News

Oil Inventories Jump by 5.2M Barrels Last Week: API
Oil Inventories Jump by 5.2M Barrels Last Week: API By Investing.com - Oct 14, 2021

By Yasin Ebrahim Investing.com - U.S. crude stockpiles rose more than expected last week, while gasoline supplies dropped sharply at a time when demand is expected to remain elevated.            West...

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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