What we usually call crude oil inventory refers to EIA.
EIA crude oil inventories are counted and published by the Energy Information Department under the American Energy Information Association.
The data is published once a week, every Wednesday night (April-June 5438+00) 10:30. (Winter time 165438+1October to March)165438+0: 30 pm.
This data mainly shows the amount of crude oil data in the United States this week, which has a great impact on crude oil and refined crude oil products, such as gasoline, storage oil and asphalt. It will even have a certain impact on the foreign exchange market and precious metals market. The publication of EIA data is also an indispensable weather vane for investors.
EIA data directly affects the fluctuation of crude oil price. EIA is the Energy Information Administration under the U.S. Department of Energy, and it is an official institution. At present, traders in the market and international authoritative energy consulting institutions use EIA inventory data.
When the crude oil inventory increases, it shows that there is an oversupply of crude oil in the market, which will lead to a decline in oil prices, a rise in the dollar and a corresponding decline 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 corresponding rise of gold.
That is to say, the price trend of crude oil affected by crude oil inventory is opposite to the US dollar index, but the price trend of precious metals such as gold is the same.
We say that finance is a circle. Seemingly unrelated, but actually interlocking. The publication of EIA data affects the fluctuation of crude oil price. This has led to fluctuations in a series of products such as crude oil and refined oil. The published data shows that stocks have decreased, oil prices have risen, the dollar has fallen, and precious metals such as gold and silver have risen. On the contrary, the publication of the data shows that the increase in inventory will lead to the decline in oil prices, the rise in the dollar and the decline in precious metals such as gold and silver. The rise and fall of the dollar will affect foreign exchange and exchange rate. The rise and fall of precious metals will affect the turmoil of stock market investors.