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United States API Heating Oil

Price

972,000 BBL/1
Change +/-
+591,000 BBL/1
Percentage Change
+87.36 %

The current value of the API Heating Oil in United States is 972,000 BBL/1. The API Heating Oil in United States increased to 972,000 BBL/1 on 3/1/2024, after it was 381,000 BBL/1 on 2/1/2024. From 11/18/2016 to 4/5/2024, the average GDP in United States was -15,704.66 BBL/1. The all-time high was reached on 10/12/2018 with 1.9 M BBL/1, while the lowest value was recorded on 3/9/2018 with -1.62 M BBL/1.

Source: American Petroleum Institute (API)

API Heating Oil

  • 3 years

  • 5 years

  • Max

API Heating Oil

API Heating Oil History

DateValue
3/1/2024972,000 BBL/1
2/1/2024381,000 BBL/1
1/1/2024140,333.333 BBL/1
12/1/2023417,000 BBL/1
11/1/2023265,000 BBL/1
10/1/2023280,000 BBL/1
9/1/2023144,000 BBL/1
8/1/2023442,666.667 BBL/1
7/1/2023347,000 BBL/1
6/1/2023628,000 BBL/1
1
2
3
4
5
...
9

Similar Macro Indicators to API Heating Oil

NameCurrentPreviousFrequency
🇺🇸
API Crude Oil Imports
954,000 BBL/1-1.15 M BBL/1frequency_weekly
🇺🇸
API Crude Oil Stock Change
3.132 M BBL/1-573,000 BBL/1frequency_weekly
🇺🇸
API Crude Oil Throughputs
91,000 BBL/1-12,000 BBL/1frequency_weekly
🇺🇸
API Distillate Stocks
-852,000 BBL/1-1.463 M BBL/1frequency_weekly
🇺🇸
API Gasoline Inventories
-3.689 M BBL/13.31 M 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
1.724 M BBL/1320,000 BBL/1frequency_weekly
🇺🇸
Cushing Crude Oil Inventories
-226,000 Barrels307,000 Barrelsfrequency_weekly
🇺🇸
Distillate Fuel Production
-148,000 Barrels257,000 Barrelsfrequency_weekly
🇺🇸
Distillate inventories
-977,000 Barrels-1.14 M Barrelsfrequency_weekly
🇺🇸
Gasoline Inventory Change
-2.707 M Barrels878,000 Barrelsfrequency_weekly
🇺🇸
Gasoline production
-259,000 Barrels666,000 Barrelsfrequency_weekly
🇺🇸
Heating Oil Stocks
571,000 Barrels-280,000 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
585 585 frequency_weekly

What is API Heating Oil?

Eulerpool is a leading online platform offering comprehensive access to macroeconomic data, and one of our specialized categories is API Heating Oil. Understanding the intricacies of heating oil, particularly API (American Petroleum Institute) Heating Oil, is essential for stakeholders in the energy sector, and our detailed data and insights provide invaluable support for decision-makers. API Heating Oil, a derivative of crude oil, is a significant energy resource extensively utilized for residential heating, industrial applications, and in some cases, electrical power generation. The grading of heating oil by the American Petroleum Institute (API) revolves around its density, which influences the hydrocarbons' quality and combustibility. This characteristic makes API Heating Oil a critical commodity for market analysts, investors, and policy regulators. At Eulerpool, we recognize that the global energy landscape is continually evolving. The oil heating sector, inherently linked to crude oil markets, faces waves of change driven by regulatory shifts, geopolitical events, supply chain fluctuations, and varying climatic conditions. Consequently, our platform provides up-to-date, granular data on API Heating Oil, which is vital for analyzing market trends, assessing price volatilities, and formulating strategic responses. API Heating Oil is categorized based on its density and weight. Lower density oils have higher API gravity. This parameter is indispensable for refining processes, as it determines the yield and quality of refined products. Distillate fuel oils, including heating oil, are derived from crude oil’s lighter fractions during the refining process. The API gravity plays a role in determining the energy content of the finished product: higher API gravity oils are generally easier to refine and more efficient in terms of energy output per unit. Our vast repository at Eulerpool encompasses critical data points such as production levels, import/export volumes, consumption rates, stock levels, and historical pricing of API Heating Oil. This data is extrapolated from credible sources, ensuring reliability and accuracy, which are indispensable for thorough macroeconomic analysis. Heating oil demand is cyclical with marked seasonal variances, primarily due to temperature variations. The onset of winter typically sees a surge in demand as households and businesses ramp up their heating needs. Our platform meticulously tracks these seasonal trends and provides predictive analytics to forecast demand spikes. Users can leverage this information to optimize supply chain operations, manage inventories, and mitigate risks associated with sudden price increases. Furthermore, the pricing dynamics of API Heating Oil are subject to various macroeconomic factors. Crude oil prices, a fundamental determinant, influence heating oil prices directly. Geopolitical tensions, such as conflicts in oil-producing regions, can disrupt supply chains, leading to price volatility. Additionally, regulatory policies aimed at reducing carbon footprints and promoting renewable energy sources are gradually reshaping the market landscape for fossil fuels, including heating oil. Our website offers tools and features that allow users to customize data views, generate reports, and perform comparative analyses. For instance, examining the correlation between crude oil prices and heating oil prices over different time horizons can offer profound insights into market behaviors. Similarly, regional consumption patterns of heating oil can be studied to identify emerging markets or declining trends in traditional markets due to efficiency improvements or shifts to alternative energy sources. In the broader context of environmental sustainability, the future of API Heating Oil lies at the intersection of traditional energy demands and emerging green initiatives. The energy sector is under tremendous pressure to reduce greenhouse gas (GHG) emissions, which has led to a gradual, albeit significant, transition towards cleaner energy alternatives. For the heating oil market, this means a future with more stringent regulations, potential mandates for blending with biofuels, and advancements in renewable energy technologies. Eulerpool keeps its users abreast of regulatory developments, technological advancements, and policy shifts that could impact the heating oil market. Sustainability disclosures, emission reporting standards, and technological innovations such as carbon capture and storage (CCS) are critical areas we cover. This enables our users to not only comply with regulatory requirements but also to adopt proactive strategies that align their operations with global sustainability goals. Investment opportunities within the API Heating Oil sector also demand rigorous analysis. Market participants, including hedge funds, commodity traders, and institutional investors, use our platform to track asset performance, identify arbitrage opportunities, and execute timely transactions. Leveraging in-depth quantitative and qualitative data, they can make informed decisions that maximize returns while managing risk. In conclusion, API Heating Oil remains a pivotal element of the global energy mosaic. With Eulerpool’s robust macroeconomic data and insightful analyses, industry players have the tools they need to navigate the complexities of this market. We are committed to delivering high-resolution data, actionable intelligence, and a user-centric experience that empowers our users to stay ahead in the dynamic landscape of API Heating Oil. Whether you are a market analyst, investor, policymaker, or sustainability advocate, Eulerpool is your trusted partner in unlocking the full potential of macroeconomic data for strategic advantage.