Yesterday at 12:03 PM
United States. API Weekly Crude Oil Stock. The value of the indicator has increased from -4.565M to 3.76M
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: an increase of the indicator value may contribute to the fall in quotes of WTI, Brent.
Recommended
Indian companies buy more American crude due to lower prices
Yesterday at 11:45 AM
Yesterday at 11:42 AM
Rarest oil price trends signal future demand surplus — Morgan Stanley
Yesterday at 9:44 AM
India increases Russian ESPO crude purchases in spring 2025
Yesterday at 8:06 AM
Yesterday at 7:07 AM
Top news
Yesterday at 11:42 AM
Yesterday at 11:06 AM
Yesterday at 10:53 AM
Yesterday at 10:37 AM