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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 30, 2021
Actual
-0.747M
Forecast
-1.667M
Previous
2.307M
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 08, 2021 05:30   2.093M -0.747M
Dec 01, 2021 05:30 -0.747M -1.667M 2.307M
Nov 24, 2021 05:30 2.307M -0.950M 0.655M
Nov 17, 2021 05:30 0.655M 1.550M -2.485M
Nov 10, 2021 05:30 -2.485M 1.900M 3.594M
Nov 03, 2021 04:30 3.594M 1.567M 2.318M

News

Crude Oil at Two-Week Highs; Omicron Fears Ease
Crude Oil at Two-Week Highs; Omicron Fears Ease By Investing.com - 4 hours ago

By Peter Nurse    Investing.com -- Oil prices climbed to their highest levels in two weeks Tuesday, extending the previous session’s hefty gains, on growing confidence the impact of the new Omicron...

Dow Futures Rise 355 Pts; Omicorn Fears Ease, Intel Soars
Dow Futures Rise 355 Pts; Omicorn Fears Ease, Intel Soars By Investing.com - 6 hours ago

By Peter Nurse    Investing.com - U.S. stocks are seen opening firmly higher Tuesday, continuing to rebound as investors reassess the perceived risks associated with the Omicron Covid variant. At 7 AM...

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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