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United States API Gasoline Stocks

Price

3.31 M BBL/1
Change +/-
+2.945 M BBL/1
Percentage Change
+160.27 %

The current value of the API Gasoline Stocks in United States is 3.31 M BBL/1. The API Gasoline Stocks in United States increased to 3.31 M BBL/1 on 8/1/2024, after it was 365,000 BBL/1 on 7/1/2024. From 5/19/2017 to 8/9/2024, the average GDP in United States was -23,954.79 BBL/1. The all-time high was reached on 1/7/2022 with 10.86 M BBL/1, while the lowest value was recorded on 2/26/2021 with -9.93 M BBL/1.

Source: American Petroleum Institute (API)

API Gasoline Stocks

  • 3 years

  • 5 years

  • Max

API Gasoline Inventories

API Gasoline Stocks History

DateValue
8/1/20243.31 M BBL/1
7/1/2024365,000 BBL/1
6/1/20243.156 M BBL/1
5/1/20242.525 M BBL/1
2/1/20242.034 M BBL/1
1/1/20244.382 M BBL/1
12/1/20234.044 M BBL/1
11/1/2023195,000 BBL/1
10/1/20233.645 M BBL/1
9/1/20232.963 M BBL/1
1
2
3
4
5
...
8

Similar Macro Indicators to API Gasoline Stocks

NameCurrentPreviousFrequency
🇺🇸
API Crude Oil Imports
954,000 BBL/1-1.15 M BBL/1frequency_weekly
🇺🇸
API Crude Oil Stock Change
-777,000 BBL/13.132 M BBL/1frequency_weekly
🇺🇸
API Crude Oil Throughputs
91,000 BBL/1-12,000 BBL/1frequency_weekly
🇺🇸
API Distillate Stocks
1.136 M BBL/1-852,000 BBL/1frequency_weekly
🇺🇸
API Heating Oil
-465,000 BBL/1-405,000 BBL/1frequency_weekly
🇺🇸
API Product Imports
384,000 BBL/1-233,000 BBL/1frequency_weekly
🇺🇸
Crude Oil Imports
-57,000 Barrels552,000 Barrelsfrequency_weekly
🇺🇸
Crude Oil Inventory Change
3.591 M BBL/1-2.547 M BBL/1frequency_weekly
🇺🇸
Cushing API Number
-1.859 M BBL/11.724 M BBL/1frequency_weekly
🇺🇸
Cushing Crude Oil Inventories
-226,000 Barrels307,000 Barrelsfrequency_weekly
🇺🇸
Distillate Fuel Production
-127,000 Barrels233,000 Barrelsfrequency_weekly
🇺🇸
Distillate inventories
-1.394 M Barrels2.947 M Barrelsfrequency_weekly
🇺🇸
Gasoline Inventory Change
-4.407 M Barrels412,000 Barrelsfrequency_weekly
🇺🇸
Gasoline production
559,000 Barrels13,000 Barrelsfrequency_weekly
🇺🇸
Heating Oil Stocks
-1.06 M Barrels335,000 Barrelsfrequency_weekly
🇺🇸
Natural Gas Inventory Change
21 B cubic feet18 B cubic feetfrequency_weekly
🇺🇸
Oil drilling rigs
479 485 frequency_weekly
🇺🇸
Refinery Crude Throughput
65,000 Barrels252,000 Barrelsfrequency_weekly
🇺🇸
Strategic Petroleum Reserve Crude Oil Inventories
367.811 M Barrels367.218 M Barrelsfrequency_weekly
🇺🇸
Total number of drilling rigs
584 585 frequency_weekly

What is API Gasoline Stocks?

API Gasoline Stocks: Understanding a Crucial Economic Indicator In the realm of macroeconomic analysis, the measurement and interpretation of various economic indicators are crucial for understanding market dynamics and forecasting future trends. One such indicator is API Gasoline Stocks, a term that refers to the weekly inventory levels of gasoline in the United States as reported by the American Petroleum Institute (API). At Eulerpool, we are committed to providing comprehensive, high-quality macroeconomic data to our users, and API Gasoline Stocks form a significant part of our offerings. API Gasoline Stocks play an essential role in both the energy markets and the broader economy. Gasoline, a refined product of crude oil, is widely used across various sectors such as transportation, industry, and residential services. Consequently, the inventory levels of gasoline can exert considerable influence on market prices, consumer behavior, and economic policies. The API, an industry trade association representing the interests of the oil and natural gas sectors, releases weekly reports on gasoline stocks. These reports are highly anticipated by traders, analysts, policymakers, and economic strategists. The institute's data encompasses several facets of the petroleum industry, including crude oil, gasoline, distillates, and other products. The focus of this analysis, however, revolves around gasoline due to its extensive use and significant impact on economic indicators. One core aspect of API Gasoline Stocks is their influence on gasoline prices. Prices at the pump can fluctuate sharply based on the latest stock figures. For instance, a significant increase in gasoline stocks generally signals an oversupply in the market, which can lead to lower prices. Conversely, a decline in stocks often points to a tightened supply, driving up prices. These price shifts directly affect consumer expenditure, influencing inflation rates and, subsequently, monetary policy decisions. Moreover, API Gasoline Stocks serve as a barometer for the health of the broader economy. High gasoline stocks might indicate weak demand, often reflective of slower economic activity. Strategists might infer that consumers and businesses are using less fuel, signaling a contraction in economic output. Alternatively, lower gasoline stocks could suggest robust demand and a thriving economy, where industries and consumers utilize more fuel due to increased production and consumption. API Gasoline Stocks data also informs investment strategies. Energy traders and investors closely monitor weekly reports to identify market trends and make informed decisions regarding their portfolios. For instance, if the data indicate a consistent build-up in gasoline stocks, traders might speculate a future drop in prices and may short-sell gasoline futures. On the other hand, if stocks are depleting rapidly, they might anticipate price hikes and take long positions to capitalize on the upward trend. Furthermore, the geopolitical landscape is often intertwined with gasoline stocks. International events, such as conflicts in oil-producing regions or disruptions in supply chains due to natural disasters, can significantly impact gasoline inventories. Analysts and policymakers scrutinize API reports to gauge the effects of such events on oil markets and to devise strategies for mitigating potential economic fallout. The transportation sector’s reliance on gasoline adds another layer of importance to API Gasoline Stocks. Fleet operators, logistics companies, and public transportation agencies closely watch gasoline stock levels to optimize operational costs and plan budgets. Fluctuating gasoline prices, as influenced by stock levels, can affect the bottom line of these businesses, driving them to seek cost-effective solutions or pass on the costs to consumers. Environmental policies and regulations are also influenced by gasoline stock levels. Governments and regulatory bodies often use this data to assess the impact of energy policies aimed at reducing carbon emissions. For example, an unexpected rise in gasoline stocks might prompt policymakers to revise or tighten regulations to encourage more efficient fuel use or accelerate the transition to alternative energy sources. In the macroeconomic landscape, API Gasoline Stocks data have become indispensable for forecasting. Economists and analysts use this data to make predictions about future economic conditions, including gross domestic product (GDP) growth, inflation rates, and employment levels. Real-time data on gasoline stocks provide insights into consumption patterns, helping predict economic cycles and potential recessions or booms. API Gasoline Stocks also contribute to the strategic planning of refineries and oil companies. Refiners analyze stock levels to decide on production adjustments to better match supply with demand, optimizing their operations and financial performance. They consider factors such as seasonal variations in gasoline demand and the potential for disruptions in supply chains to make informed production decisions. At Eulerpool, we understand the critical importance of API Gasoline Stocks in macroeconomic analysis. Our platform provides accurate and timely reports on gasoline inventories, enabling users to make data-driven decisions. We ensure that our data is meticulously curated to maintain the highest standards of accuracy and reliability, catering to the diverse needs of our users, from traders to policymakers to economists. In summary, API Gasoline Stocks serve as a vital economic indicator reflecting supply and demand dynamics in the gasoline market. Their implications are far-reaching, impacting prices, economic growth, and strategic decisions across various sectors. At Eulerpool, we are dedicated to providing comprehensive macroeconomic data, including robust and precise reports on API Gasoline Stocks, to support our users in navigating the complexities of the global economy. By monitoring and analyzing these stock levels, stakeholders can gain valuable insights, optimize strategies, and make informed decisions in an ever-evolving economic landscape.