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 ...

Crude oil inventories in the United States fell this week by 1.9 million barrels for the week ending July 5, according to The American Petroleum Institute (API), after analysts had expected a ...

Crude oil inventories in the United States increased by 7.1 million barrels during the week ending July 4, according to new data from the U.S. Energy Information Administration (EIA) released on ...

During Wednesday’s session, light crude oil futures have shown volatility, initially rising due to an unexpected decrease in U.S. crude inventories, only to relinquish those gains amid shifting market ...

WTI pulls back from a seven-month high as traders take profits ahead of the key EIA crude inventory report. A massive 11.43M-barrel API build sparks bearish sentiment as global supply continues to ...

Crude oil futures pull up from early lows and settle higher ahead of weekly U.S. crude and products storage reports. The pickup suggests that "specs are positioning themselves in front of what should ...

U.S. crude futures finish 0.8% higher at $90.39 a barrel as a weeks-long bullish rally may be getting back on track after four declines in the past five sessions. The recent pullback on prices may ...