#APIreport#

U.S. WTI crude futures gained $0.12 to $72.19 per barrel on Monday. Later today, the American Petroleum Institute (API) will report U.S. oil inventories data for the week ending July 23.

Later today, the American Petroleum Institute (API) will report U.S. oil inventories data for the week ending May 7.

JP Morgan cut the WTI crude forecast prices for 2021 by $4 to $66 on slow vaccine rollout in emerging markets and multiple Covid variants. Later today, the American Petroleum Institute (API) will repo...

OPEC+ Panel lowered the expected growth rate of 2021 global oil demand to 5.6 million barrels a day from 5.9 million barrels a day.

Traffic through the Suez Canal resumed as the giant container ship Ever Given, which ran aground and blocked the canal for nearly a week, was freed finally. Later today, the American Petroleum Institu...

The American Petroleum Institute (API) reported that U.S. crude oil inventories dropped 1 million barrels for the week ending March 12. Later today, The U.S. Energy Information Administration (EIA) w...

OPEC+ may increase the crude oil production at 1.5 million barrels per day to cool down the oil market after the meeting on Thursday, reported Bloomberg citing sources.

The American Petroleum Institute (API) reported that U.S. crude-oil inventories rose 1.026M barrels for week ending February 19, compared a decline of 5.372M barrels expected. Later today, the U.S. E...

Goldman Sachs projected Brent oil to reach $70 in next quarter and $75 in the following three months. The bank said oil prices would rise sooner and higher than previously thought as the recovery in ...