The American Energy Information Association (EIA) is an official organization under the US Department of Energy. At present, traders in the market and international authoritative energy consulting institutions all use EIA inventory data. This data is generally published once a week at 1 1: 30 in winter time (10:30 in summer time), which will have a certain impact on the foreign exchange market and precious metals market, and investors should pay close attention to it.

Generally speaking, the price trend of crude oil is opposite to that of the US dollar index and the same as that of precious metals.

When crude oil stocks increase, it shows that there is an oversupply of crude oil in the market, which leads to a drop in oil prices, a rise in the dollar and a fall in gold.

When the crude oil inventory decreases, it shows that the market demand for crude oil is strong, which leads to the rise of oil price, the fall of US dollar and the rise of gold.

Short-term influencing factors affect oil prices by influencing the relationship between supply and demand or changing people's expectations of short-term supply and demand.

Sudden major ZZ events

In recent years, with the development of political multipolarization, economic globalization and production internationalization, competing for oil resources and controlling the oil market have become important reasons for the oil market turmoil and soaring oil prices.

2. Changes in oil inventories

3. Intervention in the market by the Organization of Petroleum Exporting Countries and the International Energy Agency

4. Short-term capital flows in the international capital market

5. Exchange rate changes

6. Abnormal climate

7. Changes in interest rates

8. Tax policy