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World’s Most Watched US Oil Report Won’t Be Out This Week (2)

June 23, 2022, 9:47 PM

The most closely watched oil data in the world -- the US government’s Weekly Petroleum Status Report -- won’t be released as planned this week because of system issues stemming from a power problem.

The Energy Information Administration has delayed the release of all but its Weekly Natural Gas Inventory report planned this week after electricity issues caused an unspecified hardware failure. “We aren’t releasing any more data this week,” spokesman Chris Higginbotham said. The agency last experienced a significant delay in 2013 due to a government shutdown, he said.

The U.S. is among the few major oil-producing and oil-consuming ...