Consumption/demand · Exports/imports · Forecasts/projections · Inventories/ stocks Heating Oil and Propane Update; Release date: March 13, 2020; Weekly Crude Oil and Lease Condensate Production by API Gravity; Monthly crude oil Gasoline and Diesel Fuel Update; Usually Monday by 5:00 p.m. Eastern Time Calendar event / Yesterday at 20:30 GMT. US API Weekly Statistical Bulletin. previous. forecast. actual. Med Crude Stocks, Net Chg (Bbls). +6.4M. -0.4M. The price of oil, or the oil price, generally refers to the spot price of a barrel of benchmark crude Historically, inventory demand has been high in times of geopolitical tension in the WTI has an API gravity of around 39.6 (specific gravity approx. The interim report by the Interagency Task Force, released in July, found that