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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
Apr 17, 2018
Actual
-1.047M
Forecast
0.625M
Previous
1.758M
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
Apr 24, 2018 16:30     -1.047M
Apr 17, 2018 16:30 -1.047M 0.625M 1.758M
Apr 10, 2018 16:30 1.758M 0.100M -3.280M
Apr 03, 2018 16:30 -3.280M 1.700M 5.321M
Mar 27, 2018 16:35 5.321M 1.000M -2.739M
Mar 20, 2018 16:30 -2.739M 3.200M 1.156M

News

Crude Oil Prices - Weekly Outlook: April 23 - 27
Crude Oil Prices - Weekly Outlook: April 23 - 27 By Investing.com - 6 hours ago

Investing.com - Oil traders will continue to weigh ongoing efforts by major global crude producers to reduce a supply glut against a steady increase in U.S. production levels in the week...

Top 5 Things to Know in the Market on Wednesday
Top 5 Things to Know in the Market on Wednesday By Investing.com - Apr 18, 2018

Investing.com - Here are the top five things you need to know in financial markets on Wednesday, April 18: 1. Morgan Stanley , American Express Highlight Busy Day Of Earnings The...

Oil Rises as Traders Look Ahead to Data
Oil Rises as Traders Look Ahead to Data By Investing.com - Apr 17, 2018

Investing.com - Oil was higher on Tuesday, as traders looked ahead to data on U.S. crude inventories and Middle East tensions waned. Crude oil futures rose 0.30% to $66.42 a barrel by 10:53 AM ET...

Analysis

API Weekly Crude Oil Stock Discussion

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