WTI steadies as traders brace for the EIA report after a massive API build, with the war premium keeping crude oil supported despite bearish inventory concerns.

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 ...

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 ...

The U.S. Energy Information Administration (EIA) has released its weekly crude inventory report, showing a 1.3-million-barrel increase in inventory over the previous week, in contrast to Tuesday’s API ...

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 ...