U.S. API Weekly Crude Stock

USD
Actual
0.806M
Forecast
-4.167M
Previous
-4.079M
Latest Release
Jul 21, 2021
Importance
Overview
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.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Jul 21, 2021 02:00 0.806M -4.167M
-4.079M
Jul 14, 2021 02:00 -4.079M -4.333M
-7.983M
Jul 08, 2021 02:00 -7.983M -3.925M
-8.153M
Jun 30, 2021 02:00 -8.153M -4.460M
-7.199M
Jun 23, 2021 02:00 -7.199M -3.625M
-8.537M
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    Like 0
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