API Weekly Crude Oil Stock

Actual value:
-4.7M
Currency: US Dollar
Country: United States
Previous value: 0.499M
Market reaction shows the price changes in the market right after the data publication. Check the history of price changes by selecting a date of the event and a ticker symbol.
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The presented indicator assesses how the country's crude oil reserves have changed over the reporting period.

The growth of crude oil reserves entails a decrease in demand and, as a result, a decrease in the price of oil. Conversely, a decrease in crude oil reserves entails an increase in demand and, as a consequence, an increase in the price of oil.

Release date (GMT +0) Actual value Previous value
Data for the events is missing
Influence on the market