Oil price charts for Brent Crude, WTI & oil futures. of products supplied, which is an approximation of U.S. petroleum demand. The American Petroleum Institute reported crude inventories rose last week, while gasoline stockpiles fell, according to people familiar. US weekly EIA crude oil inventories +13,798K vs +2500K expected. The level of inventories influences the price of petroleum products, which can have an impact on inflation. Meantime, gasoline inventories fell by 11.869 million barrels, while markets had forecast a smaller 3.467 million decline. Since its inception in 1983, the IEA's Oil Market Report (OMR) has become recognised as one of the world’s most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for OECD and selected non-OECD countries. Brent crude oil futures also rose by 4% to $45.80 per barrel. in Oil & Companies News 27/01/2021 US crude oil inventory draws likely resumed during the week ended Jan. 22 as refinery runs continued to normalize, an S&P Global Platts analysis showed Jan. 25. In the United States, the Energy Information Administration (EIA) will publish the latest crude oil inventory numbers. The OPEC Monthly Oil Market Report (MOMR) covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year. (Bloomberg) --Oil pared losses as declining U.S. crude and fuel inventories eased concerns following reports of a sluggish labor market. The report provides a detailed analysis of key developments impacting oil market trends in world oil demand, supply as well as the oil market balance. The level of inventories influences the price of petroleum products, which can have an impact on inflation. If the report shows that inventories rose from last week’s reading of 1.749 million barrels, WTI crude oil price could weaken. Domestic crude oil inventories increased by more than 20 million bbl last week, the U.S. Energy Information Administration (EIA) said Wednesday, as demand leveled off, … HOUSTON, Jan. 5 (Xinhua) -- The American Petroleum Institute (API) on Tuesday reported a decrease of 1.663 million barrels of crude oil in the U.S. crude oil inventories for the week ending Jan. 1. HOUSTON, March 10 (Xinhua) -- U.S. crude oil inventories increased during the week ending March 5, the U.S. Energy Information Administration (EIA) said in a report on Wednesday. It is a survey of U.S. refiners, bulk storage and blending terminals, pipelines, and importers. Investors are keeping an eye on EIA crude inventories, which will be released at 16:00 GMT. This includes data related to refinery operations, along with production; imports; and inventories of the five major petroleum products: crude, motor gasoline, kerosene jet fuel, distillate fuel oil, and residual fuel oil. Weekly US petroleum inventory data API private oil inventories from late yesterday:This is for the week ending Feb 12 so it doesn't capture the impact of the outages in Texas. Oil prices declined on Tuesday, as market participants awaited U.S. crude stockpiles data. Oil in longest rally in two years as vaccines boost demand hopes 10 Feb, 2021, 11.18 PM IST. The American Petroleum Institute reports inventory levels of US crude oil, gasoline and distillates stocks. API’s WSB is a weekly survey report on petroleum data (crude and products). How Did the Crude Oil Inventory Report Affect Crude Oil Prices? Due later today at 8:30 pm GMT, the American Petroleum Institute will release its data on crude oil held in storage by commercial firms for the week ending on June 26. It is the biggest increase since April last year. 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. Crude oil inventories increased by 12.792 million barrels for the week ending March 5th compared to the market expectation of 0.833 million barrels draw. Oil prices rose on Wednesday despite a large jump in U.S. crude inventories in the aftermath of last month's Texas winter storm. in Oil & Companies News 02/02/2021 US crude oil inventory draws likely extended in the week ended Jan. 29 amid an uptick in export activity, an S&P Global Platts analysis showed Feb. 1. Crude oil prices. According to the Weekly Petroleum Status Report, U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, increased by 13.8 million barrels from the previous week. US crude oil inventories rose by 13.798 million barrels in the week ended March 5th, 2021, after increasing by a record 21.563 million in the previous week and compared with market forecasts of a 0.816 million advance, according to the EIA Petroleum Status Report. The inventory of old wells is growing faster than the inventory of new wells, while the number of active oil rigs is down some 60% y-o-y. At 09:29 GMT, April WTI crude oil futures are trading $61.73, up $0.63 or +0.10% and May Brent crude oil is at $64.67, up $0.19 or +0.29%. Crude oil production potential has been significantly damaged. Crude and Gasoline Must deviate in the same direction, if Crude deviates by a minimum of 7000, then we can look to enter the market for some easy pips! 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 API (American Petroleum Institute) is set to report its inventory data later today. The figure shows how much oil and product is available in storage.The indicator gives an overview of US petroleum demand. June WTI (West Texas Intermediate) crude oil futures contracts rose for the second straight day by 3.8% and closed at $42.63 per barrel on Wednesday, April 20, 2016. This is a major market-driving data piece. Still, there are signs of weakness in the market. Crude oil prices & gas price charts. API reported an increase of 7.356 million barrels of crude oil inventories for the previous week ending Feb. 26 while the U.S. Energy Information Administration (EIA) reported a rise of 21.6 million barrels. Aggregated weekly petroleum supply statistics are used for calculation . Oil erased price gains after U.S crude stockpiles rose by 15.2 million barrels last week. American Petroleum Institute Weekly Inventories Report When the crude oil inventory report comes out (seen by visiting US Energy Information Administration if readers don't find it on a newswire), there are two scenarios. US crude inventories fell unexpectedly in the week, dropping 6.6 million barrels according to the Energy Information Administration, compared with an expected 985,000-barrel increase forecast in a … U.S. West Texas Intermediate (WTI) crude settled 0.6% higher at $56.02 a barrel. Energy news covering oil, petroleum, natural gas and investment advice Oil prices are up over 2.5% on Wednesday, buoyed by draws in U.S. inventories of crude, gasoline, and distillates. Crude oil is steady, as West Texas Intermediate is trading around the $57 level. We know that the market watches the API oil report for clues as to the possible outcome of The Crude Oil Inventories report today. If the increase in crude inventories is more than expected, it implies weaker demand and is bearish for crude prices. Crude oil inventories include Alaskan crude oil in transit by water. The weekly inventory report shows how U.S. oil stocks, other than those in the strategic petroleum reserve, have changed in the prior week.

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