crude oil inventories
There are two sets of inventory data that comprise the crude oil inventory reports. The American Petroleum Institute, a private trade group, compiles a voluntary survey of its members and releases the data weekly. The Energy Information Agency, a U.S. government agency, compiles mandatory reports from firms in the energy industry and releases the data on Wednesday mornings.
Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
Share on Facebook