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U.S. API Weekly Gasoline Stock

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U.S. API Weekly Gasoline Stock

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Status

 
Latest Release
Jun 14, 2016
Actual
2.254M
Forecast
-1.250M
Previous
0.760M
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 gasoline inventories is more than expected, it implies weaker demand and is bearish for gasoline prices. The same can be said if a decline in inventories is less than expected.
If the increase in gasoline is less than expected, it implies greater demand and is bullish for gasoline prices. The same can be said if a decline in inventories is more than expected.
Importance:
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Currency: USD
Source: American Petroleum Institute
U.S. API Weekly Gasoline Stock
 
Release Date Time Actual Forecast Previous
Jun 14, 2016 16:35 2.254M -1.250M 0.760M
Jun 07, 2016 16:35 0.760M   -1.480M
Jun 01, 2016 16:35 -1.480M -1.400M 3.606M
May 24, 2016 16:35 3.606M   -1.900M
May 17, 2016 16:35 -1.900M -1.300M 0.271M
May 10, 2016 16:35 0.271M -0.800M -1.170M

News

Crude Inventory Fell 4.7 Million Barrels Last Week: API
Crude Inventory Fell 4.7 Million Barrels Last Week: API By Investing.com - Jul 27, 2021 6

Investing.com -- Crude inventories fell 4.7 million barrels last week, more than the expected draw of 3.4 million barrels, according to data released Tuesday by the American Petroleum Institute. The...

Analysis

API Weekly Gasoline Stock Discussion

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All Comments (2)
Prince Raaz
Prince Raaz Oct 01, 2014 4:25AM ET
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up or down
Imran Khan
Imran Khan Jun 03, 2014 4:23PM ET
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is it going up or down?
 
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