U.S. API Weekly Crude Stock

USD
Actual
-1.770M
Forecast
1.966M
Previous
4.150M
Latest Release
Oct 04, 2022
Importance
Overview
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.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Oct 04, 2022 22:30 -1.770M 1.966M
4.150M
Sep 27, 2022 22:30 4.150M 0.333M
1.035M
Sep 20, 2022 22:30 1.035M 2.321M
6.035M
Sep 13, 2022 22:30 6.035M -0.200M
3.645M
Sep 07, 2022 22:30 3.645M -0.733M
0.593M
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  • Wandile Tunzi @Wandile Tunzi
    what ar the odds on oil
    Like 0