Oil inventories api data
The American Petroleum Institute reported late Tuesday that U.S. crude supplies climbed by 6.4 million barrels for the week ended March 6, according to sources. The API data also reportedly showed 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. Stocks of crude oil in the United States increased by 4.13 million barrels in the week ended October 4th of 2019, after a 5.92 million plunge in the previous week. API Crude Oil Stock Change in the United States averaged 0.27 BBL/1Million from 2012 until 2019, reaching an all time high The API data, which were delayed by a day because of Monday's Presidents Day holiday, also reportedly showed stockpile declines of 2.7 million barrels for gasoline and 2.6 million for distillates For the week ending August 2, the Reuters poll expected a draw of 3.43 MMbbls (million barrels) in the API’s crude oil inventories report. Inventories helping oil overcome equity weakness. The
17 Dec 2019 Oil moved lower on Wednesday after data showed a API figures released showed U.S. crude inventories swelling by 4.7 million barrels last
2 Oct 2019 API reported an increase of 1.4 million barrels of crude oil inventories Oil prices declined on Tuesday as the weak U.S. manufacturing data 18 Dec 2019 In brief, although the overall EIA inventory report was bearish (below market expectations), it was much better than earlier API data and thus oil 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, If the oil inventories data shows a decline in oil inventories, it indicates that demand is surpassing supply. With the supply and demand balance being one of the most crucial facts in a commodity's price, this inventory data has a direct impact on oil prices. Inventories of Natural Gas Liquids and Liquefied Refinery Gases . Presents data on the inventory levels of ethane, propane, isobutane, normal butane, and pentanes plus. These inventories, located at natural gas plants, at refineries, at bulk terminals, and in underground storage, are grouped into eight regional areas. Today, the API (American Petroleum Institute) is scheduled to release its oil inventory data for the week ended August 23. The Reuters poll suggests a decline of 2.5 MMbbls (million barrels) in oil inventories. If the API data aligns with the Reuters poll, oil prices could rise further.
Get the API Weekly Crude Oil Stock results in real time as they're announced and see If the increase in crude inventories is more than expected, it implies weaker demand It seems the API data posted here goes back to March 27, 2012.
API Storage Forecast. The American Petroleum Institute (API) releases its inventory number of the preceding storage week at 4:35 pm on Tuesday, the day prior to the more closely followed EIA Report Wednesday morning. It should be available here between 4:35 pm and 5:00 pm. 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, it implies weaker demand and is bearish for crude prices. The same can be said if a decline in inventories is less than expected. The American Petroleum Institute reports inventory levels of US crude oil, petrol and distillate stocks on a weekly basis. The figure shows how much oil and refined products are available in storage. The indicator gives an overview of US petroleum demand. If the increase in crude inventories is more than expected, Why oil has rallied to new 2016 highs: Hansen Ole Hansen 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.
After today’s inventory move, the net result is a draw for the year at -4.83 million barrels for the 31-week reporting period so far, using API data. Oil prices were trading up on Tuesday on
18 Dec 2019 In brief, although the overall EIA inventory report was bearish (below market expectations), it was much better than earlier API data and thus oil
For the week ending August 2, the Reuters poll expected a draw of 3.43 MMbbls (million barrels) in the API’s crude oil inventories report. Inventories helping oil overcome equity weakness. The
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. 2 Oct 2019 API reported an increase of 1.4 million barrels of crude oil inventories Oil prices declined on Tuesday as the weak U.S. manufacturing data 18 Dec 2019 In brief, although the overall EIA inventory report was bearish (below market expectations), it was much better than earlier API data and thus oil 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,
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. 2 Oct 2019 API reported an increase of 1.4 million barrels of crude oil inventories Oil prices declined on Tuesday as the weak U.S. manufacturing data 18 Dec 2019 In brief, although the overall EIA inventory report was bearish (below market expectations), it was much better than earlier API data and thus oil