The current data, reflecting a larger-than-expected increase, may suggest a weakening in demand or an overestimation in the anticipated drawdown of inventories. This development could have ...
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose 6.10 million barrels in ...
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose 3.719 million barrels ...
API reports that crude inventories fell 1.4M barrels last week. Gasoline inventories rose 2.2M barrels, according to Bloomberg, citing people familiar with the data. API’s Weekly Statistical Bulletin ...
After rallying for three days, ICE Brent and NYMEX WTI were seen trading lower in the early trading session today, even as the American Petroleum Institute reported large crude oil inventory ...
Both API and EIA reports can influence crude oil prices, though the API is often used as a preliminary indicator. The EIA report includes crucial refinery utilization data, providing deeper insights ...
The American Petroleum Institute (API) has released its latest figures on U.S. crude oil inventories, revealing a significant and unexpected increase in stock levels. The latest data shows that crude ...