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What data has the greatest impact on spot crude oil?
According to my experience in spot (gold, crude oil and foreign exchange) market analysis for many years, there are two main economic data that affect the price trend of spot crude oil:

The first is API crude oil inventory data, which was released at 4: 30 am on Wednesday (one hour later in daylight saving time and winter time).

Second, EIA crude oil inventory data was released at 22: 30 on Wednesday night (one hour later in daylight saving time and winter time).

These two data can be obtained free of charge on the financial data website, and there is obvious correlation between them, which is of direct help to the transaction and has been tried and tested. Most investors who invest in crude oil in the market will pay attention to EIA crude oil inventory every Wednesday night, which has the greatest impact on the trend of spot crude oil.