US product imports increased by 0.2 million barrels in the week ended August 25th, 2023, after a 0.325 million rise in the previous period, data from the API’s Weekly Statistical Bulletin showed. source: American Petroleum Institute (API) API Product Imports in the United States averaged 0.00 BBL/1Million from 2016 until 2023, reaching an all time
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US heating oil stocks rose by 0.444 million barrels in the week ended August 25th, 2023, after a 0.787 million increase in the previous week, data from the API’s Weekly Statistical Bulletin showed. source: American Petroleum Institute (API) API Heating Oil in the United States averaged -0.01 BBL/1Million from 2016 until 2023, reaching an all
US gasoline stocks increased by 1.395 million barrels in the week ended August 25th, 2023, after a 1.898 million rise in the previous week, data from the API’s Weekly Statistical Bulletin showed. source: American Petroleum Institute (API) API Gasoline Stocks in the United States averaged -0.06 BBL/1Million from 2017 until 2023, reaching an all time
US distillate stockpiles, which include diesel and heating oil, rose by 2.462 million barrels in the week that ended August 25th, 2023, after a 0.153 million decrease in the previous period, data from the API’s Weekly Statistical Bulletin showed. source: American Petroleum Institute (API) API Distillate Stocks in the United States averaged -0.08 BBL/1Million from
Crude stocks at the Cushing, Oklahoma, delivery hub fell by 2.235 million barrels in the week ended August 25th, 2023, after a 2.123 million decrease in the previous period, data from the API’s Weekly Statistical Bulletin showed. source: American Petroleum Institute (API) API Cushing Number in the United States averaged -0.06 BBL/1Million from 2016 until
Stocks of crude oil in the US plunged by 11.486 million barrels in the week that ended August 25th, 2023, after a 2.418 million barrels decrease in the previous week, data from the API’s Weekly Statistical Bulletin showed. It marked the sharpest decline in crude oil inventories since the week ended September 2nd, 2016, compared
Daily Pivots: (S1) 1.0773; (P) 1.0801; (R1) 1.0812; Moreā¦ EUR/USD is still bounded in consolidation above 1.0764 and intraday bias stays neutral. Outlook stays mildly bearish as long as 1.0929 resistance holds. Below 1.0764 will resume the fall from 1.1274 to 1.0609/34 cluster support next. In the bigger picture, fall from 1.1274 medium term top