Wetradelive

29 Aug: United States API Product Imports

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

29 Aug: United States API Heating Oil

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

29 Aug: United States API Gasoline Shares

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

29 Aug: United States API Distillate Shares

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

29 Aug: United States API Cushing Quantity

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

29 Aug: United States API Crude Oil Inventory Change

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

eur/usd-mid-day-outlook

29 Aug: EUR/USD Mid-Day Outlook

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