Crude oil api weekly report

Crude Oil Price Update – Unexpected EIA Drawdown Sends Prices Sharply Higher. Based on the early price action and the current price at $54.56, the direction of the December WTI crude oil market the rest of the session on Wednesday is likely to be determined by trader reaction to the uptrending Gann angle at $54.39. The EIA Weekly Petroleum Status Report is published Wednesday at 9:30 a.m. CT. It shows a weekly measure of the change in the number of barrels in stock of crude oil. API stands for the American Petroleum Institute, which is a trade association for the oil and natural gas industry. When monitoring supply, energy traders pay particular attention to the weekly U.S. Energy Information Administration (EIA) Petroleum Status Report, which reports on U.S. crude oil inventories, both domestically and abroad. This report is released by EIA each Wednesday at 10:30 a.m. Eastern Time.

The standard release time and day of the week will be at 10:30 a.m. (Eastern time) on Wednesdays with the following exceptions. All times are Eastern. The weekly inventory report also showed a 2.2 million barrel decline in key U.S. oil delivery hub Cushing, Okla. The API data came after that report showed a major buildup in stockpiles last week On Tuesday, the API (American Petroleum Institute) is scheduled to report its weekly inventory data for the week ending August 2.In the previous seven weeks, the API reported fall in US crude oil 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, it implies weaker demand and is bearish for crude prices. The same can be said if a decline in inventories is less than expected. 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 American Petroleum Institute (API) has estimated a huge surprise crude oil inventory build of 4.7 million barrels for the week ending December 11, compared to analyst expectations of a 1.288 The American Petroleum Institute (API) reported a draw of 5.222 million barrels of United States crude oil inventories for the week ending December 15, marking three large draws in as many weeks. Analysts had expected a smaller drawdown of 3.518 million barrels

2 Jan 2020 0230 GMT: Crude oil futures were higher during mid morning trade in Asia Thursday amid a bullish report on last week's US crude inventory, 

7, Daily Crude Oil and Petroleum Product Spot Prices, PDF. 8, Daily Trans- Atlantic Spot Product Price Differentials: New York Harbor less Rotterdam (ARA) -   19 Feb 2020 In economic news, the American Petroleum Institute (API) weekly inventories report will be released at 21:30 GMT, with an estimate of a surplus of  Stocks of crude oil refer to the weekly change of the crude oil supply situation. United States API Crude Oil Stock Change History. Last 12 readings. Dec 27, 19   2 Jan 2020 0230 GMT: Crude oil futures were higher during mid morning trade in Asia Thursday amid a bullish report on last week's US crude inventory,  26 Dec 2019 WTI and Brent crude oil futures rose in early trading to near three month latest API report and lifting optimism around the China-U.S. trade dispute. that U.S. crude stocks fell by 7.9 million barrels last week, much more than  17 Dec 2019 U.S. crude fell by 1.1 million barrels in the week to Dec. Oil pared losses after the data, which contradicted Tuesday's report of a build in U.S. crude stockpiles from industry group American Petroleum Institute (API).

26 Dec 2019 WTI and Brent crude oil futures rose in early trading to near three month latest API report and lifting optimism around the China-U.S. trade dispute. that U.S. crude stocks fell by 7.9 million barrels last week, much more than 

Stocks of crude oil refer to the weekly change of the crude oil supply situation. United States API Crude Oil Stock Change History. Last 12 readings. Dec 27, 19  

6 Aug 2019 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.

Stocks of crude oil refer to the weekly change of the crude oil supply situation. United States API Crude Oil Stock Change History. Last 12 readings. Dec 27, 19  

The American Petroleum Institute (API) reported a draw of 5.222 million barrels of United States crude oil inventories for the week ending December 15, marking three large draws in as many weeks. Analysts had expected a smaller drawdown of 3.518 million barrels

Since 1929, API’s Weekly Statistical Bulletin (WSB) has reported total U.S. and regional crude inventories and data related to refinery operations, as well as the production, imports, and inventories of the four major petroleum products: motor gasoline, kerosene jet fuel, distillate fuel oil, and residual fuel oil. The American Petroleum Institute reported late Tuesday that U.S. crude supplies rose by 1.7 million barrels for the week ended Feb. 28, according to sources. The API data also reportedly showed 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

26 Dec 2019 WTI and Brent crude oil futures rose in early trading to near three month latest API report and lifting optimism around the China-U.S. trade dispute. that U.S. crude stocks fell by 7.9 million barrels last week, much more than  17 Dec 2019 U.S. crude fell by 1.1 million barrels in the week to Dec. Oil pared losses after the data, which contradicted Tuesday's report of a build in U.S. crude stockpiles from industry group American Petroleum Institute (API). 6 Aug 2019 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. 9 Sep 2019 If confirmed by the government, this would be the fourth weekly crude draw. The gasoline contraction would be largest since April. Analysts