Crude inventory report api
The API (American Petroleum Institute) could report a rise of 1.5 MMbbls (million barrels) in crude oil inventories later in the day, based on the Reuters poll. API Reports Yet Another Crude Inventory Draw The U.S. Energy Information Administration report on oil inventories is due to be released on Wednesday at 10:30 a.m. EDT. API reported a massive crude oil inventory build-up of 14.227 million barrels and a gasoline inventory buildup of 2.903 million barrels. As per API, this was the second highest inventory build-up Weekly US crude oil production has fallen during the past few weeks and this is one of the main reasons the market has rallied, says Saxo Bank head of commodities Ole Hansen. The API, on the other hand, surveys U.S. oil companies voluntarily, meaning they report to the API on an “at-will” basis. Still, API claims to have a very high participation rate from these companies. They receive an average coverage of about 90%. Most traders choose to follow the EIA storage report more closely than the API report.
API's Weekly Statistical Bulletin (WSB) has reported total U.S. and regional data relating to refinery operations and the production of the four ma
8 Feb 2020 Of the two weekly reports, the EIA report is more highly regarded. The weekly update on the number of crude oil inventories in the U.S. is one Calendar event / Yesterday at 20:30 GMT. US API Weekly Statistical Bulletin. previous. forecast. actual. Med Crude Stocks, Net Chg (Bbls). +6.4M. -0.4M. 3 Mar 2020 Oil prices rose on Tuesday afternoon after the API reported a smaller than than anticipated crude oil inventory build of 1.7 million barrels for the week while the EIA's estimates were more bullish, reporting a smaller build of Or learn more about the Calendar API for direct access. United States API Crude Oil Stock Change. Stocks of crude oil refer to the weekly change of the crude oil
1 day ago The American Petroleum Institute (API) revealed today in preliminary data that the US crude inventories fell by about 421,000 barrels during the
Crude Oil Hits October High After EIA Inventories Deficit. Crude oil has settled on Thursday, after posting strong gains on Wednesday. Brent crude has pushed above $60, a level with psychological significance. If we find a large difference between the two series, we may re-benchmark the weekly production estimate on weeks when we release STEO. This week’s domestic crude oil production estimate incorporates a re-benchmarking that affected estimated volumes by less than 50,000 barrels per day, which is about 0.3% of this week’s estimated production total. The American Petroleum Institute (API) has estimated a crude oil inventory build of 5.954 barrels for the week ending November 14, compared to analyst expectations of a 1.543-million-barrel build Inventory data from the Energy Information Administration will be released Thursday. The EIA data are expected to show crude inventories rose by 3.3 million barrels last week, according to
9 Sep 2019 Oil erased earlier losses after the release of bullish U.S. inventory data that showed a larger-than-expected drop in crude stockpiles.
Crude Oil Hits October High After EIA Inventories Deficit. Crude oil has settled on Thursday, after posting strong gains on Wednesday. Brent crude has pushed above $60, a level with psychological significance. If we find a large difference between the two series, we may re-benchmark the weekly production estimate on weeks when we release STEO. This week’s domestic crude oil production estimate incorporates a re-benchmarking that affected estimated volumes by less than 50,000 barrels per day, which is about 0.3% of this week’s estimated production total. The American Petroleum Institute (API) has estimated a crude oil inventory build of 5.954 barrels for the week ending November 14, compared to analyst expectations of a 1.543-million-barrel build Inventory data from the Energy Information Administration will be released Thursday. The EIA data are expected to show crude inventories rose by 3.3 million barrels last week, according to The API (American Petroleum Institute) could report a rise of 1.5 MMbbls (million barrels) in crude oil inventories later in the day, based on the Reuters poll. API Reports Yet Another Crude Inventory Draw The U.S. Energy Information Administration report on oil inventories is due to be released on Wednesday at 10:30 a.m. EDT. API reported a massive crude oil inventory build-up of 14.227 million barrels and a gasoline inventory buildup of 2.903 million barrels. As per API, this was the second highest inventory build-up
Holiday Release Schedule. The standard release time and day of the week will be at 10:30 a.m. (Eastern time) on Wednesdays with the following exceptions.
9 Sep 2019 Oil erased earlier losses after the release of bullish U.S. inventory data that showed a larger-than-expected drop in crude stockpiles. 25 Dec 2019 20 to 444.1 million barrels, according to American Petroleum Institute (API) data released on Tuesday. Official data for the change in weekly crude 18 Dec 2019 Oil surged from day low despite bearish EIA inventory report as it was better than API released earlier. Overall oil jumped almost +3.65% since The American Petroleum Institute reports inventory levels of US crude oil, gasoline and distillates stocks. The figure shows how much oil and product is available in storage.The indicator gives an overview of US petroleum demand. If the increase in crude inventories is more than expected,
There are two crude oil inventory reports released each week in the United States. One is from the American Petroleum Institute (API) and the other is from the U.S. Energy Information The American Petroleum Institute (API) reported a crude oil inventory build this week, this time of 7.83 million barrels for the week ending November 2. The build was the fifth in as many weeks as reported by the API. API’s Weekly Statistical Bulletin (WSB) has reported total U.S. and regional data relating to refinery operations and the production of the four ma The American Petroleum Institute reported late Tuesday that U.S. crude supplies rose by 6 million barrels for the week ended Feb. 7, according to sources. The API data also reportedly showed a API Reports Yet Another Crude Inventory Draw The U.S. Energy Information Administration report on oil inventories is due to be released on Wednesday at 10:30 a.m. EDT. Crude Oil Hits October High After EIA Inventories Deficit. Crude oil has settled on Thursday, after posting strong gains on Wednesday. Brent crude has pushed above $60, a level with psychological significance. If we find a large difference between the two series, we may re-benchmark the weekly production estimate on weeks when we release STEO. This week’s domestic crude oil production estimate incorporates a re-benchmarking that affected estimated volumes by less than 50,000 barrels per day, which is about 0.3% of this week’s estimated production total.