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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 19, 2021
Actual
3.294M
Forecast
2.233M
Previous
5.213M
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.
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Currency: USD
Source: American Petroleum Institute
U.S. API Weekly Crude Stock
 
Release Date Time Actual Forecast Previous
Oct 19, 2021 16:30 3.294M 2.233M 5.213M
Oct 13, 2021 16:30 5.213M 0.140M 0.951M
Oct 05, 2021 16:30 0.951M -0.300M 4.127M
Sep 28, 2021 16:30 4.127M -2.333M -6.108M
Sep 21, 2021 16:30 -6.108M -2.400M -5.437M
Sep 14, 2021 16:30 -5.437M -3.903M -2.882M

News

Oil Inventories Rise by 3.3M Barrels Last Week: API
Oil Inventories Rise by 3.3M Barrels Last Week: API By Investing.com - 13 hours ago

By Yasin Ebrahim Investing.com - U.S. crude stockpiles rose more than expected last week at a time when investor jitters about the energy-supply crunch persist.            West Texas Intermediate, the...

Analysis

API Weekly Crude Oil Stock Discussion

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