Summary of Weekly Petroleum Data for the week ending September 6, 2019. U.S. crude oil refinery inputs averaged 17.5 million barrels per day during the week ending September 6, 2019, which was 114,000 barrels per day more than the previous week’s average. Refineries operated at 95.1% of their operable capacity last week. Crude oil inventories refers to the amount of unrefined petroleum held in storage by governments and oil producers. Supply and demand is important to understand as the more supply that keeps with demand, leads to lower prices. If demand begins to threaten supply levels, crude oil prices increase. The American Petroleum Institute reports inventory levels of US crude oil, gasoline and distillates stocks. The figure shows how much oil and product is available in storage.The indicator gives an overview of US petroleum demand. If the increase in crude inventories is more than expected, Crude oil is expected to trade at 31.29 USD/BBL by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 26.91 in 12 months time. 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. These products represent more than 80 percent of total refinery production. The WSB also reports on the production, imports, and inventories of several subcategories of these Get the latest commodity trading prices for oil, gold, silver, copper and more on the U.S. commodities market and exchange at CNNMoney.
Dec 10, 2019 “The inventory data was rather bearish when you consider the fall in The Organization of the Petroleum Exporting Countries released a more Dec 17, 2019 Oil prices steadied on Wednesday after U.S. government data showed a API figures released showed U.S. crude inventories swelling by 4.7 Nov 14, 2019 Oil rose for a second day after an industry report pointed to a drop in U.S. were well below estimates, according to data released Thursday. Dec 25, 2019 The American Petroleum Institute reported that U.S. stockpiles dropped 7.9 million barrels last week.
The private data released toward the end of the trading day yesterday showed a larger build of 6.0M crude oil. The estimate was for 3.2M. Crude oil inventories refers to the amount of unrefined petroleum held in storage by governments and oil producers. Supply and demand is important to understand as the more supply that keeps with demand, leads to lower prices. If demand begins to threaten supply levels, crude oil prices increase. Today, the American Petroleum Institute (or API) plans to release its oil inventory data for the week ended August 30.
Feb 8, 2020 There are two crude oil inventory reports released each week in the United States If the oil inventories data shows a decline in oil inventories, Mar 6, 2020 Meanwhile, gasoline inventories went down by 5.048 million barrels for - United States Crude Oil Stocks Change - plus previous releases, Feb 19, 2020 Data from the U.S. Energy Information Administration (EIA) showed that crude inventories rose only 414,000 barrels last week, compared with
Feb 19, 2020 Data from the U.S. Energy Information Administration (EIA) showed that crude inventories rose only 414,000 barrels last week, compared with Oct 30, 2019 The American Petroleum Institute released its data to media on Wednesday, revealing a weekly fall of 708,000 barrels in crude inventories. The effect of crude oil inventories becomes somewhat attenuated in the long run, strategic petroleum reserves (SPR) has been excluded from the data in order to The weekly release of the U.S. inventory level by the DOE-EIA is known as Dec 10, 2019 “The inventory data was rather bearish when you consider the fall in The Organization of the Petroleum Exporting Countries released a more Dec 17, 2019 Oil prices steadied on Wednesday after U.S. government data showed a API figures released showed U.S. crude inventories swelling by 4.7