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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 21, 2017
Actual
-6.356M
Forecast
-1.500M
Previous
6.513M
The American Petroleum Institute reports inventory levels of US crude oil, petrol and distillate stocks on a weekly basis. The figure shows how much oil and refined products are 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
Nov 21, 2017 21:35 -6.356M -1.500M 6.513M
Nov 14, 2017 21:35 6.513M -2.200M -1.562M
Nov 07, 2017 21:30 -1.562M -2.700M -5.087M
Oct 31, 2017 20:30 -5.087M -2.100M 0.591M
Oct 24, 2017 20:30 0.591M -0.425M -7.130M
Oct 17, 2017 20:30 -7.130M -4.200M 3.097M

News

 Top 5 Things to Know in the Market on Wednesday
Top 5 Things to Know in the Market on Wednesday By Investing.com - Nov 22, 2017

Investing.com - Here are the top five things you need to know in financial markets on Wednesday, November 22: 1. S&P eyes 2,600 ahead of holiday break U.S. futures pointed to day of muted trade ...

Top 5 Things to Know in the Market on Tuesday
Top 5 Things to Know in the Market on Tuesday By Investing.com - Nov 21, 2017

Investing.com - Here are the top five things you need to know in financial markets on Tuesday, November 21: 1. World Stocks Push Higher Amid Global Growth Optimism World stocks pushed higher, with ...

Analysis

Craig Erlam
Are Markets Looking Overextended? By Craig Erlam - Nov 14, 2017

It’s been a mixed start to trading again on Tuesday and US futures are pointing to similar moves ahead of the open, a sign that markets are starting to look a little overextended. Equity Market ...

Craig Erlam
U.S. Futures Flat Ahead Of Fed Speeches By Craig Erlam - Nov 07, 2017

After another day in which US equity markets set new records, futures are pointing to another flat open on Wall Street in the absence of much direction from Europe. We’ll hear from a variety of ...

API Weekly Crude Oil Stock Discussion

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