API Weekly Crude Oil Stock. United States, 22:30 (GMT+2)


At 22:30 (GMT+2) a weekly report on the amount of oil reserves in the United States from the American Petroleum Institute (API) will be released. In addition to the data on oil reserves, the most important in the report, it contains data on the amount of gasoline and distillates in the USA. Reducing the reserves of “black gold” traditionally leads to an increase in oil prices, while the growth of the reserves leads to a decrease in prices. Previously, US oil inventories fell 3.400 million barrels. Continuation of this trend may support oil prices.

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