Event & Catalyst Monitor
Inventoryhigh
API Weekly Crude Inventory Report
3d 5h
Tue, Jun 2, 8:30 PM
Inventorycritical
EIA Weekly Petroleum Status Report
3d 23h
Wed, Jun 3, 2:30 PM
Supplymedium
Baker Hughes Rig Count
6d 1h
Fri, Jun 5, 5:00 PM
Upcoming Catalysts
API Weekly Crude Inventory Report
Tuesday, June 2, 2026 at 8:30 PM UTC
high3d 5h
American Petroleum Institute weekly inventory estimate. Released Tuesday after market close, serves as preview for Wednesday's official EIA data.
Why It Matters
API number sets expectations for the EIA report. A large surprise can move overnight futures.
Model Sensitivity
Medium — serves as an early read on the more important EIA data.
EIA Weekly Petroleum Status Report
Wednesday, June 3, 2026 at 2:30 PM UTC
critical3d 23h
Official weekly U.S. petroleum supply data including crude, gasoline, and distillate inventories, refinery utilization, imports, and exports.
Why It Matters
The single most important weekly data release for oil. Inventory surprise and refinery utilization matter most for $120 touch probability.
Model Sensitivity
High — inventory surprise is the most influential fundamental input this week.
Baker Hughes Rig Count
Friday, June 5, 2026 at 5:00 PM UTC
medium6d 1h
Weekly count of active US oil drilling rigs. Indicator of future production trajectory.
Why It Matters
Falling rig counts signal future supply tightening; rising counts suggest more supply coming. Current count: ~488.
Model Sensitivity
Low — lagging indicator, but sustained trends affect supply forecasts.
Past Events
IEA Oil Market Report (April 2026)
4/14/2026
OPEC Monthly Oil Market Report
4/15/2026
CLK6 (May 2026) Contract Expiry
4/22/2026
Fed Interest Rate Decision + Press Conference
4/29/2026
WTI April 2026 Polymarket Resolution
5/1/2026