Lower numbers than forecast tend to be bullish for xxx/USD pairs and bearish for USD/xxx pairs.
The typical/expected market impact of this event is low.
There is no forecast value for API Weekly Crude Oil Stock yet - check back for updates.
The most recent announced value for API Weekly Crude Oil Stock was 7.1M against a forecast of -2.8M.
Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next API Weekly Crude Oil Stock result:
Country: | United States |
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Currency: | USD |
Source: | American Petroleum Institute |
Category: | Energy |
Frequency: | Weekly/week-based |
United States | OPEC Meeting |