The API Weekly Statistical Bulletin (WSB) is a weekly report published by the American Petroleum Institute (API). It provides detailed statistics and data on the oil and petroleum products market in the United States.
The WSB is released every Tuesday and covers data from the previous week. The report includes important information such as crude oil inventories, gasoline and diesel stocks, refinery operating capacities, oil production and consumption, among other key data points. These figures provide insights into the overall state and trends of the oil market.
API is one of the largest trade associations in the energy industry in the United States, with members including oil and gas companies, refineries, distribution firms, and service providers. The API aims to assist its members and the industry by providing up-to-date and comprehensive data to aid in decision-making processes.
The API Weekly Statistical Bulletin is a valuable resource for energy industry professionals, analysts, and investors. It is used to track market movements, forecast prices, and make strategic decisions. Additionally, it plays an important role in the formulation and evaluation of energy policies.
The content and data in the WSB are based on real-time and verified information collected from API members. As a result, the report is considered to provide reliable and up-to-date information. The API Weekly Statistical Bulletin serves as a significant source of information for stakeholders in the energy industry and contributes to the understanding of the market.