# API: US petroleum demand recovered 14% between April and May

> The American Petroleum Institute reported US petroleum deliveries of 16.2 million b/d in May, 20% below May 2019 but up 14% from April. This was the largest monthly percentage gain since December 1975. More than 80% of the increase came from motor gasoline as stay-at-home orders loosened.

- Date: 2020-06-19 · published 2020-06-19T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/52823-api-us-petroleum-demand-recovered-14-between-april-and-may
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A sharp demand recovery supports crude prices and suggests fuel demand is returning, which tightens the energy balance and can raise transport costs.

## Read by commodity

- WTI: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2024-09-10 | [US EIA lifts oil demand forecast, says prices will recover to above $80/bbl \| Reuters](https://feedsoft.ai/events/10170-us-eia-lifts-oil-demand-forecast-says-prices-will-recover-to-above-80-bbl.md) | +2.1% | +11.9% |
| WTI | 2021-06-30 | [Oil rises on lower U.S. stockpiles, demand recovery - Markets - Business Recorder](https://feedsoft.ai/events/46757-oil-rises-on-lower-u-s-stockpiles-demand-recovery-markets-business-recorder.md) | -1.2% | -1.0% |
| WTI | 2023-04-14 | [Oil rises, logs weekly gains after IEA predicts record demand](https://feedsoft.ai/events/36561-oil-rises-logs-weekly-gains-after-iea-predicts-record-demand.md) | -5.9% | -13.8% |
| WTI | 2021-08-25 | [Oil rises on US fuel demand, extends rally](https://feedsoft.ai/events/11408-oil-rises-on-us-fuel-demand-extends-rally.md) | +1.4% | +7.1% |
| WTI | 2019-02-20 | [EIA: IMO 2020 Will Affect Petroleum Markets \| O&E Online](https://feedsoft.ai/events/60792-eia-imo-2020-will-affect-petroleum-markets-o-and-e-online.md) | -1.2% | +5.3% |

## Sources

- ogj.com: https://www.ogj.com/general-interest/economics-markets/article/14178199/api-us-petroleum-demand-recovered-14-between-april-and-may

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.