Both API and EIA reports can influence crude oil prices, though the API is often used as a preliminary indicator. The API report is based on voluntary survey responses from its members, which include ...
The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a sizeable build of 6.5 million barrels in the week ending October 31. Crude oil inventories in the ...
Both API and EIA reports can influence crude oil prices, though the API is often used as a preliminary indicator. The EIA report includes crucial refinery utilization data, providing deeper insights ...
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