1. American data generally have a great impact on the market, especially EIA, which directly reflects the global supply and demand of crude oil.
2. Generally speaking, the impact of the data on the market should be compared with the previous value, and the value decreases, which is beneficial to oil prices; The increase in data is not good for oil prices. However, the situation analysis of this specific method is more complicated, which should be considered comprehensively in combination with the overall trend at that time, rather than simply looking at the data.
Remember the following two points:
1. An increase in inventory means that the demand for oil slows down, and then the price of crude oil will drop, that is, bad crude oil.
2. A decrease in inventory means an increase in the demand for oil, and then the price of crude oil will go up, which is Lido crude oil.