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HomeRight Arrow TerminologyRight Arrow EIA Crude Oil Stocks Change Definition

EIA Crude Oil Stocks Change Definition

Description

A weekly report from the US Energy Information Administration (EIA) that provides data on changes in commercial crude oil inventories. The EIA releases its Weekly Petroleum Status Report every Wednesday at 17:30 GMT+3. However, if there is a Monday holiday, the report is published on Thursday instead. It is a critical indicator for oil traders as fluctuations in stock levels can signal shifts in supply and demand, impacting oil prices.

Start Trading with Vantage

Access markets including forex, commodities, indices, shares and more, at low cost.

Start Trading with Vantage

Access markets including forex, commodities, indices, shares/stocks and more, at low cost.

Start trading CFD stocks by opening a live account here, or practice trading with virtual currency with a demo account.

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