6 May 2025 | Oil

United States. API Weekly Crude Oil Stock. The value of the indicator has decreased from 3.76M to -4.49M

A report on this calendar event is released weekly by the American Petroleum Institute.

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.

The data is published hours before the official statistics are released by the U.S. Energy Information Administration.

Comments by the MarketCheese analysts: a decrease of the indicator value may contribute to the rise in quotes of WTI, Brent.

Marketcheese MarketCheese
Period: 30.09.2026 Expectation: 250 pips
Buying EURUSD from 1.1650
Today at 10:15 AM 9
Gold buy
Period: 30.09.2026 Expectation: 2500 pips
Invest in gold from $4,550
Today at 10:15 AM 12
Brent sell
Period: 30.09.2026 Expectation: 250 pips
Brent crude sell-off targets $88.50
24 August 2026 38
Period: 30.09.2026 Expectation: 550 pips
Go short on SPX down to $7,600
24 August 2026 30
Period: 21.09.2026 Expectation: 2100 pips
Go short on USDCAD as dollar index hits three-month lows
21 August 2026 49
Period: 28.08.2026 Expectation: 1002 pips
GBPUSD is likely to climb further next week
21 August 2026 57
Go to forecasts