U.S. API Weekly Crude Stock

USD
Actual
-0.448M
Forecast
-0.117M
Previous
2.156M
Latest Release
Aug 17, 2022
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
Aug 17, 2022 02:00 -0.448M -0.117M
2.156M
Aug 10, 2022 02:00 2.156M 0.073M
2.165M
Aug 03, 2022 02:00 2.165M -0.467M
-4.037M
Jul 27, 2022 02:00 -4.037M -1.121M
1.860M
Jul 20, 2022 02:00 1.860M 0.333M
4.762M
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