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U.S. API Weekly Crude Stock

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U.S. API Weekly Crude Stock

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Latest Release
Feb 21, 2018
Actual
-0.907M
Forecast
1.300M
Previous
3.947M
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
Feb 27, 2018 21:30     -0.907M
Feb 21, 2018 21:35 -0.907M 1.300M 3.947M
Feb 13, 2018 21:35 3.947M 2.800M -1.050M
Feb 06, 2018 21:35 -1.050M 2.500M 3.229M
Jan 30, 2018 21:35 3.229M 1.500M 4.755M
Jan 23, 2018 21:35 4.755M -1.600M -5.121M

News

Top 5 Things to Know in the Market on Thursday
Top 5 Things to Know in the Market on Thursday By Investing.com - 8 hours ago

Investing.com - Here are the top five things you need to know in financial markets on Thursday, February 22: 1. Global Stocks Slump Amid Fed-Driven Jitters Global stocks were on the backfoot, after ...

Crude Oil Prices Move Lower as U.S. Dollar Rises
Crude Oil Prices Move Lower as U.S. Dollar Rises By Investing.com - 10 hours ago

Investing.com - Crude oil prices moved lower on Thursday, despite upbeat U.S. inventories data released in the previous session, as the minutes of the Federal Reserve's latest policy meeting sent the ...

Crude Oil Prices Move Sharply Lower Ahead of Supply Data
Crude Oil Prices Move Sharply Lower Ahead of Supply Data By Investing.com - Feb 21, 2018

Investing.com - Crude oil prices moved sharply lower on Wednesday, weighed by the U.S. dollar's recent rebound and as traders grew more cautious ahead of this week's U.S. supply data. The U.S. West ...

Analysis

David Madden
US Rallies While Europe Lags By David Madden - 2 hours ago

Europe Equities in Europe are firmly in the red, and even though we have seen a turnaround in the pound and the euro during the session, it had little impact on the equity benchmarks. The losses that ...

Fawad Razaqzada
WTI Crude Oil Outlook Remains Murky By Fawad Razaqzada - 6 hours ago

After falling for the past two days, the price of WTI oil has bounced back off its lows to trade flat to slightly firmer at the time of this writing on Thursday morning. However WTI still remains in ...

API Weekly Crude Oil Stock Discussion

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