Breaking News

U.S. API Weekly Distillates Stocks

Latest Release

Jun 14, 2016

Actual

3.725M

Forecast

-0.750M

0.270M

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.

Importance:

Country:

Currency: USD

Source: American Petroleum Institute

Release Date	Time	Actual	Forecast	Previous
Jun 14, 2016	15:35	3.725M	-0.750M	0.270M
Jun 07, 2016	15:35	0.270M		-1.150M
Jun 01, 2016	15:35	-1.150M	-0.400M	-2.922M
May 24, 2016	15:35	-2.922M		-2.000M
May 17, 2016	15:35	-2.000M	-1.400M	-1.360M
May 10, 2016	15:35	-1.360M	-1.300M	-2.600M

News

Oil prices jump over 1% on massive U.S. inventory drawdown By Investing.com - Aug 01, 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...

Oil Mixed, Near Pre-omicron Highs as Economic Recovery Hopes Grow By Investing.com - Jan 11, 2022

By Gina Lee Investing.com – Oil was mixed on Wednesday morning in Asia but traded near late November 2021 levels. U.S. Federal Reserve Chairman Jerome Powell signaled that the cental bank could hike...

Oil Down for Third Consecutive Day as COVID-19 Concerns Continue By Investing.com - Aug 03, 2021

By Gina Lee Investing.com – Oil was down Wednesday morning in Asia, falling for a third consecutive day as concerns about the increasing numbers of COVID-19 cases globally dampen the fuel demand...

Analysis

Crude Oil: The Bull May Be Over By hasan imam - May 24, 2017

On Wednesday, a ministerial monitoring committee consisting of OPEC members of Kuwait, Venezuela, Algeria and non-OPEC Russia and Oman will meet in the Austrian capital to discuss the progress of cuts...

Oil Inventories, ADP Payrolls, Service PMIs And Fed Minutes In Focus By Colin Cieszynski - Apr 05, 2017

It’s another big day for economic news that could potentially move the markets. Overnight, the spotlight has been on crude oil which has seen both Brent and WTI gain 0.9% and WTI put $50.00...

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