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U.S. API Weekly Gasoline Stock

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U.S. API Weekly Gasoline Stock

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Latest Release
Apr 12, 2022
Actual
-5.053M
Previous
-0.543M
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 gasoline inventories is more than expected, it implies weaker demand and is bearish for gasoline prices. The same can be said if a decline in inventories is less than expected.
If the increase in gasoline is less than expected, it implies greater demand and is bullish for gasoline prices. The same can be said if a decline in inventories is more than expected.
Importance:
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Currency: USD
Source: American Petroleum Institute
U.S. API Weekly Gasoline Stock
 
Release Date Time Actual Forecast Previous
Apr 12, 2022 16:30 -5.053M   -0.543M
Apr 05, 2022 16:30 -0.543M   -1.357M
Mar 29, 2022 16:30 -1.357M   -0.626M
Mar 22, 2022 16:30 -0.626M   -3.794M
Mar 15, 2022 16:30 -3.794M   -1.988M
Mar 08, 2022 16:30 -1.988M   -2.500M

News

Oil prices jump over 1% on massive U.S. inventory drawdown
Oil prices jump over 1% on massive U.S. inventory drawdown By Investing.com - Aug 01, 2023

Investing.com -- Oil prices rose in Asian trade on Wednesday, sticking to over three-month highs as industry data pointed to a substantially larger-than-expected drawdown in U.S. inventories over the...

Analysis

Phil Flynn
The Energy Report: Fundamentally Solid By Phil Flynn - Feb 09, 2022 5

Oil and products are on fundamentally solid ground, but technically, they do look scary. All the fundamental news seems to be bullish, and the charts are all still decidedly in uptrends, yet...

Phil Flynn
The Energy Report: Oil Looking Bullish By Phil Flynn - Jan 05, 2022 2

A bigger than expected Crude oil drawdown was overshadowed by a massive gasoline supply build that had more to do with year-end tax shenanigans than it did with real supply or demand. The OPEC Plus...

API Weekly Gasoline Stock Discussion

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All Comments (2)
Prince Raaz
Prince Raaz Oct 01, 2014 4:25AM ET
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up or down
Imran Khan
Imran Khan Jun 03, 2014 4:23PM ET
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is it going up or down?
 
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