Did you know?

In the week prior, the API reported a build in crude oil inventories of 6.035 million barrels after analysts had predicted a draw of 200,000 barrels. WTI fell on Tuesday prior to the data release ...By Julianne Geiger - Jun 21, 2023, 3:15 PM CDT. Crude oil inventories in the United States decreased this week by 1.246 million barrels, the American Petroleum Institute (API) data showed on ...Crude oil inventories in the United rose this week by 3.69 million barrels, the American Petroleum Institute (API) data showed on Tuesday, with analysts expecting a 1.3 million barrel draw. The ...API's Monthly Statistical Report. Contains timely interpretation and analysis of recent developments for major products production, imports, refinery operations, and inventories - accompanied by API's estimates of these data for the most recent month and graphs of major series, including product deliveries, crude oil production, imports ...Brent crude was trading up $2.87 (+3.54%) on the day at $83.96—a weekly decrease of about $0.50 per barrel. U.S. crude oil production stayed at 12.2 million bpd for the fourth week in a row for ...Aug 31, 2023 · NEW YORK, Aug 30 (Reuters) - Oil prices gained on Wednesday as U.S. government data showed tighter-than-expected crude supplies, while concerns about the Chinese economy limited gains. Brent crude ...The Energy Information Administration's (EIA) Crude Oil Inventories measures the weekly change in the number of barrels of commercial crude oil held by US firms. The level of inventories influences the price of petroleum products, which can have an impact on inflation. If the increase in crude inventories is more than expected, it …U.S. stocks traded lower midway through trading, with the Dow Jones dropping around 100 points on Wednesday The Dow traded down 0.32% to 31,687.6... U.S. stocks traded lower midway through trading, with the Dow Jones dropping around 100 po...Cushing Inventory Report. Using sophisticated aerial cameras and photogrammetric techniques we make measurements of the fluid levels. in oil tanks at Cushing, OK.*. We capture on Fridays mornings and delivery you the data. at 9:00 am ET on Monday - weather permitting. This is 2 days faster than the EIA.Brent crude was trading down $3.93 (-4.96%) on the day at $75.38—down roughly $5.40 per barrel from this same time last week. WTI was trading at $71.62 shortly after the data release. Gasoline ...Aug 9, 2023 · Join Our Community. Crude oil prices moved higher today after the U.S. Energy Information Administration reported an estimated inventory build of 5.9 million barrels for the week to August 4. Fuel ...By Julianne Geiger - Mar 14, 2023, 4:00 PM CDT. Crude oil inventories in the United States rose this week, with a 1.155 million barrel build, the American Petroleum Institute (API) data showed on ...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 other major petroleum products: motor gasoline, kerosene jet fuel, distillate fuel oil, and residual fuel oil.Crude oil inventories in the United States fell this week by 817,000 barrels for week ending November 24, according to The American Petroleum Institute (API), …Crude oil prices went down today, after the U.S. Energy Information Administration reported a crude oil inventory build of 1.1 million barrels for the week to September 16. For the previous week ...8.701M Latest Release Nov 29, 2023 Importance Source Energy Information Administration Overview The Energy Information Administration's (EIA) …Oil prices settled lower on Tuesday as investors remained focused on the likelihood that China’s economic malaise will keep hobbling demand from the world’s top crude importer. Brent crude ...Crude oil inventories in the United rose this week by 5.202 million barrels, the American Petroleum Institute (API) data showed on Wednesday, with analysts expecting a 1.22 million barrel dip.Oct 25, 2023 · Oil Ticks Lower On Inventory Build. By Irina Slav - Oct 25, 2023, 9:47 AM CDT. Join Our Community. Crude oil prices inched down today after the Energy Information Administration reported an ... Aug 23, 2023 · Join Our Community. Crude oil prices moved higher today, after the Energy Information Administration reported an inventory draw of 6.1 million barrels for the week to August 18. This compared with ...Crude oil prices & gas price charts. Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment adviceAug 31, 2023 · NEW YORK, Aug 30 (Reuters) - Oil prices gained on Wednesday as U.S. government data showed tighter-than-expected crude supplies, while concerns about the Chinese economy limited gains. Brent crude ...Sep 13, 2022 · Last week, the API saw a Cushing decrease of 772,000 barrels. Official EIA Cushing inventory for the week ending September 2 was 24.783 million barrels, down from 25.284 million barrels in the ... Brent crude was trading up $0.84 (+1.11%) on the day at $76.83—up roughly $2 per barrel from this time last week. WTI was trading at $73.18 shortly after the data release. Gasoline inventories ...Oil prices were trading up on Tuesday ahOct 26, 2023 · Oil prices rose about 2 By Julianne Geiger - Mar 14, 2023, 4:00 PM CDT. Crude oil inventories in the United States rose this week, with a 1.155 million barrel build, the American Petroleum Institute (API) data showed on ...Oct 25, 2023 · He previously covered corporate oil and gas news with a focus on breaking M&A news. Contact: 918884014512. Oil prices fell on Tuesday for the third straight session after a flurry of slow economic ... U.S. Crude-Oil Stockpiles Likely Decreased in Jul 19, 2023 · Upcoming - U.S. oil inventory data from API and EIA. NEW YORK, July 18 (Reuters) - Oil prices climbed more than 1% on Tuesday after China said it will act to support economic growth in the world's ... The American Petroleum Institute (API) has reported a majo

The American Petroleum Institute (API) has reported a major inventory build of 12.940 million barrels in U.S. crude inventories, compared to last week’s 4.210-million-barrel draw.The American Petroleum Institute "API" reported crude inventories fell 4.5mb, relative to the DOE expectation for a build of 2.5mb on the week.Crude inventories at Cushing rose 0.1mb on...Jul 19, 2022 · The American Petroleum Institute reported late Tuesday that U.S. crude supplies rose by 1.9 million barrels for the week ended July 15, according to sources. The API data also reportedly showed a ... Feb 28, 2023 · U.S. crude oil production stayed at 12.3 million bpd for week ending February 17—the highest production rate since last April 2020. U.S. production is still 800,000 bpd lower than the peak ... Rising Crude, Gasoline Inventories Weigh On Oil Prices By Julianne Geiger - Jan 24, 2023, 4:00 PM CST Crude oil inventories rose by 3.378 million barrels, American Petroleum Institute (API) data ...

Overnight though crude has faded somewhat after the release of the API oil inventory report showed an unexpected build. Later this morning we have the EIA oil inventory update which should provide ...Oil prices fell on Thursday after industry data showed a large unexpected increase in U.S. crude stocks for a second week, heightening concerns of a drop in fuel demand. U.S. West Texas Intermediate (WTI) crude futures declined by 86 cents, or 1.1%, to $78.62 a barrel at 0109 GMT, while Brent crude futures fell 73 cents, or 0.9%, to $84.25 a barrel, extending losses of around 1% from Wednesday.…

Reader Q&A - also see RECOMMENDED ARTICLES & FAQs. This week, SPR inventory held steady for the eighth week in a row. Possible cause: Oct 12, 2022 · By Julianne Geiger - Oct 12, 2022, 4:00 PM CDT. The American Petroleum.