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By Julianne Geiger - Aug 15, 2023, 3:45 PM CDT Crude oil inventories in the United States saw a large draw this week of 6.195 million barrels, the American …Brent crude was trading down $1.19 (-1.39%) on the day at $84.73—a weekly increase of about $4.50 per barrel. U.S. crude oil production rose to 12.2 million bpd for week ending January 6 in what ...Crude oil inventories in the United fell this week by 6.70 million barrels, the American Petroleum Institute (API) data showed on Tuesday, with analysts expecting a 525,000 million barrel build.May 2, 2023 · Crude oil inventories in the United fell this week by 3.939 million barrels, the American Petroleum Institute (API) data showed on Tuesday, with analysts expecting a 1 million barrel draw. Crude oil comes with several disadvantages which pose a threat to the environment and also challenge productive use. They include environmental pollution and uncontrolled extraction and depletion.The American Petroleum Institute (API) reported a surprise build this week for crude oil of 4.784 million barrels, compared to analyst predictions of a much smaller 600.000 barrel build.The American Petroleum Institute (API) has reported a large 5.25-million-barrel draw in U.S. crude inventories, offsetting last week’s 1.174-million-barrel build. Analysts were expecting an ...Crude oil futures lower as US inventories rise; dhaniya, jeera contracts mixed on MCX. US API report shows crude oil inventories up 12.94 million barrels, gasoline inventories up 3.65 million ...United States API Crude Oil Stock Change - Crude oil stocks are a measure of the change in the supply situation of crude oil on a weekly basis.Besides the crude draw, the API inventory report showed a decline in inventories of gasoline and a build in distillates. There was a 5.891M-barrel draw in gasoline stocks for last week and a 0 ...U.S. Crude Oil Inventories Create Alert Latest Release Nov 29, 2023 Actual 1.609M Forecast -0.933M Previous 8.701M The Energy Information …The inventory gain was smaller than what American Petroleum Institute (API) reported yesterday at 6.2MMbbls and the market expectations of around 1.4MMbbls. US crude oil inventory has now increased by around 60MMbbls since the start of the year, with total stocks sitting at 480.2MMbbls as of 24 February 2023 compared to the five-year average of ...See the American Petroleum Institute’s news releases by date or by topic. Government data revealed that U.S. oil inventories surged by a larger-than-expected 1.4 million barrels in the past week. This build-up in inventories has further weakened already declining crude oil prices. The excess supply in the market continues to exert downward pressure on oil prices, highlighting the ongoing challenges faced by the oil ...The Nymex front-month crude contract for November delivery Density, SG and °API in Crude Oil. Density, speci 3.592M. 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 … The American Petroleum Institute (API) reported a larger-than-an US - API Crude Oil Inventories. American Petroleum Institute (API) releases US crude oil inventories every Tuesday at 4:30 pm ET. API's data, as well as EIA's data, are both … API’s WSB is a weekly survey report on petroleum dat

U.S. Crude-Oil Inventories Likely Rose in DOE Data, Analysts Say -- Update Oct. 11, 2023 at 4:56 p.m. ET Oil prices settle at a 5-week low as U.S. gasoline …Brent crude was trading down $1.06 (-1.26%) on the day at $83.01—a weekly decrease of about $2.50 per barrel. U.S. crude oil production stayed at 12.3 million bpd for week ending February 10 ...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.The Energy Information Administration's (EIA) Crude Oil Inventories measures the weekly change in the number of barrels of commercial crude oil held by …The American Petroleum Institute (API) has reported a 2.418-million-barrel draw on U.S. crude inventories, compared with the previous week’s 6-million-barrel draw, as oil prices slip on China ...

Oil prices jumped more than 3% on Tuesday afternoon in the runup to the much-watched API crude oil inventory data report as doubts continue to be raised about OPEC’s ability to respond to an ...West Texas Intermediate, the U.S. benchmark, traded at $86.80 a barrel following the report after settling up 1.2% at $86.92 a barrel. U.S. crude inventories fell by 5.8 million barrels for the ...It is notable that crude oil and gasoline prices at the pump continued to fall in November, and the inventories of distillates, which have spurred substantial media coverage, have increased towards their historical norms. API’s Distillate Economic Indicator™ had a reading of +1.0 in November – down from +1.3 in October – and a three-month…

Reader Q&A - also see RECOMMENDED ARTICLES & FAQs. Crude oil prices ticked lower today after the Energy Information Adm. Possible cause: The American Petroleum Institute (API) reported a larger-than-anticipated draw this week .