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

API Weekly Crude Oil Stock. US, 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 statistics on the amount of gasoline and distillates in the United States. A reduction in oil reserves traditionally leads to an increase in oil prices, and an increase leads to a decrease. Last time, US oil inventories rose by 1.100 million barrels. Continuation of this trend may put pressure on oil prices.

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