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U.S. API Weekly Crude Oil Stock
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Latest Release
Oct 19, 2021
Actual3.294M
Forecast2.233M
Previous5.213M
The American Petroleum Institute reports inventory levels of US crude oil, gasoline and distillates stocks. The figure shows how much oil and product is 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.
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.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| Oct 26, 2021 | 16:30 | 3.294M | |||
| Oct 19, 2021 | 16:30 | 3.294M | 2.233M | 5.213M | |
| Oct 13, 2021 | 16:30 | 5.213M | 0.140M | 0.951M | |
| Oct 05, 2021 | 16:30 | 0.951M | -0.300M | 4.127M | |
| Sep 28, 2021 | 16:30 | 4.127M | -2.333M | -6.108M | |
| Sep 21, 2021 | 16:30 | -6.108M | -2.400M | -5.437M |
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API Weekly Crude Oil Stock Discussion
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