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, 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.

Importance:

Country:

Currency: USD

Source: American Petroleum Institute

Release Date	Time	Actual	Forecast	Previous
Jun 14, 2016	20:35	3.725M	-0.750M	0.270M
Jun 07, 2016	20:35	0.270M		-1.150M
Jun 01, 2016	20:35	-1.150M	-0.400M	-2.922M
May 24, 2016	20:35	-2.922M		-2.000M
May 17, 2016	20:35	-2.000M	-1.400M	-1.360M
May 10, 2016	20:35	-1.360M	-1.300M	-2.600M

News

Oil prices jump over 1% on massive U.S. inventory drawdown By Investing.com - Aug 02, 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 12, 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 04, 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

WTI Crude Oil Outlook Remains Murky By Fawad Razaqzada - Feb 22, 2018

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...

Crude Oil Extends Declines By Fawad Razaqzada - May 04, 2017 1

Crude oil prices have sharply extended their declines today. Brent was well below the $50 handle and was trading around $49 per barrel at the time of this writing, while WTI has dropped to $46 per...

Sainsbury’s Slips On Profits Dip, Yet Supermarkets Saw Sales increase By Michael Hewson - May 03, 2017

EuropeFor all the hoopla surrounding the political rowing over the UK’s so called Brexit bill, it’s been a slow session for European markets, drifting back from their recent peaks, ahead...

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