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HomeRight Arrow TerminologyRight Arrow API Crude Oil Stock Change

API Crude Oil Stock Change

Description

A weekly report released by the American Petroleum Institute (API) that measures changes in the amount of crude oil held in inventory by commercial firms. The data is published every Tuesday at 23:30 GMT+3. It is a key indicator of supply and demand in the oil market and can have a significant impact on oil prices, making it important for traders and investors to monitor.

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