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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
Jul 27, 2021
Actual
-4.728M
Forecast
-3.433M
Previous
0.806M
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
Aug 03, 2021 21:30     -4.728M
Jul 27, 2021 21:30 -4.728M -3.433M 0.806M
Jul 20, 2021 21:30 0.806M -4.167M -4.079M
Jul 13, 2021 21:30 -4.079M -4.333M -7.983M
Jul 07, 2021 21:30 -7.983M -3.925M -8.153M
Jun 29, 2021 21:30 -8.153M -4.460M -7.199M

News

Precious Metals & Energy - Weekly Review and Calendar Ahead
Precious Metals & Energy - Weekly Review and Calendar Ahead By Investing.com - Aug 01, 2021

By Barani Krishnan Investing.com -- Gold settled up for the week and month as a Federal Reserve standing resolute against any immediate talk of stimulus tapering or rate hike restored some shine to...

Crude Oil Drifts Higher; Weekly Gains Look Likely
Crude Oil Drifts Higher; Weekly Gains Look Likely By Investing.com - Jul 30, 2021

  By Peter Nurse    Investing.com -- Crude oil prices edged higher Friday, set for a second straight weekly gain but below recent highs following disappointing...

Analysis

API Weekly Crude Oil Stock Discussion

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