10 June | Oil

United States. API Weekly Crude Oil Stock. The value of the indicator has increased from -3.3M to -0.37M

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.

Marketcheese MarketCheese
Period: 20.06.2025 Expectation: 1430 pips
USDCAD may rise amid trade conflicts resolution
Yesterday at 11:19 AM 71
Elizabeth_Kuzmicheva
Elizabeth_Kuzmicheva

Listed among the best MarketCheese authors
1st in the segments "Metals" and "Oil and gas"
Period: 17.06.2025 Expectation: 1500 pips
New round of US inflation growth to push EURUSD down to 1.13 level
Yesterday at 08:27 AM 48
Period: 18.06.2025 Expectation: 47000 pips
Selling bitcoin targeting 104,000 as it approaches its all-time high
10 June 2025 71
Period: 16.06.2025 Expectation: 2200 pips
Tesla shares recover as Trump and Musk feud eases
10 June 2025 79
Period: 30.06.2025 Expectation: 1800 pips
Silver to continue growth despite short-term correction
09 June 2025 141
Elizabeth_Kuzmicheva
Elizabeth_Kuzmicheva

Listed among the best MarketCheese authors
1st in the segments "Metals" and "Oil and gas"
Gold sell
Period: 13.06.2025 Expectation: 4000 pips
Gold to fall to six-month trend line at 3,280
09 June 2025 200
Go to forecasts