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What time does API release crude oil inventories?

Claim Now! The American Petroleum Institute (API) releases data on US crude oil inventories every Tuesday at 4:30 pm ET. API's data, as well as EIA 's data, are both indicative. The American Petroleum Institute (API) releases data on US crude oil inventories every Tuesday at 4:30 pm ET. API's data, as well as EIA's data, are both indicative.

Did the API report a build in oil inventories?

The API reported a build in oil inventories of 2.927 million barrels in the previous week, which was more than analysts had predicted (272,000 barrels). Oil prices were trading down on the day prior to the data release, with WTI trading down $0.96 at 2:45 p.m. EDT at $60.60, while Brent crude traded down $0.78 at $64.20 per barrel.

When does the American Petroleum Institute release crude oil inventories data?

The American Petroleum Institute (API) releases data on US crude oil inventories every Tuesday at 4:30 pm ET. API's data, as well as EIA's data, are both indicative. Upgrade to the Business Plan to export charts with the latest values and without watermarks. Contact our specialists to learn more.

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