Breaking News

U.S. API Weekly Gasoline Stock

Latest Release

Apr 12, 2022

Actual

-5.053M

-0.543M

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 gasoline inventories is more than expected, it implies weaker demand and is bearish for gasoline prices. The same can be said if a decline in inventories is less than expected.
If the increase in gasoline is less than expected, it implies greater demand and is bullish for gasoline prices. The same can be said if a decline in inventories is more than expected.

Importance:

Country:

Currency: USD

Source: American Petroleum Institute

Release Date	Time	Actual	Previous
Apr 13, 2022	04:30	-5.053M	-0.543M
Apr 06, 2022	04:30	-0.543M	-1.357M
Mar 30, 2022	04:30	-1.357M	-0.626M
Mar 23, 2022	04:30	-0.626M	-3.794M
Mar 16, 2022	04:30	-3.794M	-1.988M
Mar 09, 2022	04:30	-1.988M	-2.500M

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Investing.com - Crude prices fell for a third day in a row as trading began in Asia Thursday, responding to a report by industry group API that the largest weekly crude stockpile build in eight months...

Oil prices jump over 1% on massive U.S. inventory drawdown By Investing.com - Aug 02, 2023

Investing.com -- Oil prices rose in Asian trade on Wednesday, sticking to over three-month highs as industry data pointed to a substantially larger-than-expected drawdown in U.S. inventories over the...

Fed decision, China stops counting, U.S. oil inventories - what's moving markets By Investing.com - Dec 14, 2022

By Geoffrey Smith Investing.com -- The Federal Reserve is expected to raise the target range for fed funds by 50 basis points to its highest level since 2007. Watch out for guidance from chair Jerome...

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