Both API and EIA reports can influence crude oil prices, though the API is often used as a preliminary indicator. The EIA report includes crucial refinery utilization data, providing deeper insights ...
WASHINGTON, DC, Apr. 17-- Government and industry statistics show that the US oil and gas industry was hit hard as the economic recession deepened during this year's first quarter. US oil and gas ...
Crude oil inventories in the United States increased by 7.1 million barrels during the week ending July 4, according to new data from the U.S. Energy Information Administration (EIA) released on ...
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 4.4 million barrels in the week ending April 17 ...
During Wednesday’s session, light crude oil futures have shown volatility, initially rising due to an unexpected decrease in U.S. crude inventories, only to relinquish those gains amid shifting market ...
WTI pulls back from a seven-month high as traders take profits ahead of the key EIA crude inventory report. A massive 11.43M-barrel API build sparks bearish sentiment as global supply continues to ...
Crude oil futures pull up from early lows and settle higher ahead of weekly U.S. crude and products storage reports. The pickup suggests that "specs are positioning themselves in front of what should ...
1440 ET - U.S. benchmark oil prices finish 0.1% higher at $72.98 a barrel ahead of weekly U.S. oil inventory data from trade group API this afternoon and the official EIA report Wednesday, both of ...
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