Crude Oil

ifyforex

Junior member
24 0
The Energy Information Administration's (EIA) Crude Oil Inventories measures the weekly change in the number of barrels of commercial crude oil held by US firms. The level of inventories influences the price of petroleum products, which can have an impact on inflation.
take the chance and make money on oil
 

jb1981

Junior member
13 0
The Energy Information Administration's (EIA) Crude Oil Inventories measures the weekly change in the number of barrels of commercial crude oil held by US firms. The level of inventories influences the price of petroleum products, which can have an impact on inflation.
take the chance and make money on oil
(n)

It would be good to know how this inventory change is calculated/influenced.

Anyone who knows to spell CRUDE OIL certainly knows about EIA's wednesday reports. So save that for kindergarten.

Rather, it would be beneficial for members if you or someone could shed light into how the report is influenced during the days preceding the release.
 
 
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