HFI Research, an independent energy investment research and consulting firm, points out that the operational error between API and EIA data is as high as 20 million barrels. This means that the latest API report's figure of approximately 4 million ba

2026-08-26

HFI Research, an independent energy investment research and consulting firm, points out that the operational error between API and EIA data is as high as 20 million barrels. This means that the latest API report's figure of approximately 4 million barrels of increase in crude oil inventories is significantly exaggerated. To revert to recent averages, they expect the EIA to report a 3 million barrel decrease in inventories.