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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
Jun 15, 2021
Actual
-8.537M
Forecast
-3.000M
Previous
-2.108M
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
Jun 22, 2021 21:30     -8.537M
Jun 15, 2021 21:30 -8.537M -3.000M -2.108M
Jun 08, 2021 21:30 -2.108M -3.576M -5.360M
Jun 02, 2021 21:30 -5.360M -2.114M -0.439M
May 25, 2021 21:30 -0.439M -1.279M 0.620M
May 18, 2021 21:30 0.620M 1.680M -2.533M

News

Precious Metals & Energy - Weekly Review and Calendar Ahead
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U.S. Futures Mixed; Fed Meeting, Oracle Eyed
U.S. Futures Mixed; Fed Meeting, Oracle Eyed By Investing.com - Jun 16, 2021

By Peter Nurse Investing.com - U.S. stocks are seen opening mixed Wednesday, in tight trading ranges ahead of the conclusion of the latest two-day Federal Reserve policy-setting meeting.  At 7:05 AM...

Analysis

API Weekly Crude Oil Stock Discussion

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