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 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 ...

WASHINGTON, DC, Apr. 17-- Government and industry statistics show that the US oil and gas industry was hit hard as the economic recession deepened during this year's first quarter. US oil and gas ...

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 ...

Crude oil inventories in the United States decreased by 2.3 million barrels during the week ending May 1, according to new data from the U.S. Energy Information Administration (EIA) released on ...

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 ...

WTI slips toward $59.00 on Wednesday, declining 2.80% on the day. API data showed a build in US Crude stocks, while the Energy Information Administration reported a sharp drawdown. Upcoming US ...

Government and industry statistics show that the US oil and gas industry was hit hard as the economic recession deepened during 2009's first quarter. US oil and gas drilling plunged to levels not seen ...