The Energy Information Administration (EIA) releases its weekly Petroleum Report for each Saturday-To-Friday week the following Wednesday at 10:30 AM EDT, excluding holidays. This data is reproduced below or is publicly available HERE.
The American Petroleum Institute (API) releases its inventory number of the preceding storage week at 4:35 pm on Tuesday, the day prior to the more closely followed EIA Report Wednesday morning. It should be available here between 4:35 pm and 5:00 pm.
Projected inventory levels are derived based on a measure of “tightness” or “looseness” of observed storage versus 5-year average storage over the preceding 6-weeks.
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The EIA releases its weekly Crude Oil Inventory Report Wednesday at 10:30 AM EDT for the week ending the previous Friday. Projected inventory levels are derived based on a measure of “tightness” or “looseness” of observed storage versus 5-year average storage over the preceding 4-weeks.
Storage surpluses or deficits are calculated by comparing observed or projected inventories to the 5-year average and to the same period last year.
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Disclaimer: Natural Gas & Oil Storage Projections, Intraday Natural Gas Stats, Renewable Energy Stats, Morning Reports, and fundamental pricing models are released by Celsius Energy as experimental products. While they are intended to provide accurate, up-to-date data, they should not be used alone in making investment decisions, or decisions of any kind. Celsius Energy does not make an express or implied warranty of any kind regarding the data information including, without limitation, any warranty of merchantability or fitness for a particular purpose or use. See full Privacy Policy HERE.