#APIreport#
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The American Petroleum Institute publishes 1600 reported crude oil inventory levels for US crude oil, gasoline and distillate inventories every Tuesday. The data shows how much oil stocks and products are now available, so it can be understood how long the supply will last. Moreover, the data represents US oil demand by product and region, while monitoring US crude oil production and crude oil imports and refined oil products.
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EIA vs. API: What's the Difference?
There are two crude oil inventory reports released each week in the United States. One is from the American Petroleum Institute (API) and the other is from the U.S. Energy Information Administration (EIA). The API is a national trade association whereas the EIA is an agency of the U.S
Crude oil price retreats as US inventories rise
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