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9 June | Oil

United States. API Weekly Crude Oil Stock. The value of the indicator has decreased from -6.75M to -9.119M

Brent
WTI Light Crude Oil

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.

A decrease of the indicator value may contribute to the rise in quotes of WTI, Brent.

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United States. CFTC Crude Oil speculative net positions. The value of the indicator has increased from 99.1K to 100.3K
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United States. U.S. Baker Hughes Oil Rig Count. The value of the indicator has decreased from 462 to 459
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United States. OPEC Crude oil Production Saudi Arabia (Barrel). The value of the indicator has increased from 7M to 8.2M
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European Union. Trade Balance. The value of the indicator has decreased from 10.7B to -16.1B
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European Union. CPI (MoM). The value of the indicator remained at the same level of 0.6%
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United States. Retail Sales (MoM). The value of the indicator has decreased from 1.3% to 0.8%
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United States. CPI (YoY). The value of the indicator has increased from 3.4% to 3.7%
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United States. Trade Balance. The value of the indicator has decreased from $-92.8B to $-105.6B
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