U.S. EIA crude oil inventory data released weekly time
The change of EIA crude oil inventories can reflect the changes of supply and demand is sensitive to the global oil market, crude oil inventories increased once, appeared that pile up in excess of requirement basically, we all know that rare, indicating that the market demand for pile up in excess of requirement of crude oil decreased, while crude oil supply is increasing, it will cause the decline in crude oil prices, crude oil is bad conversely, it is less than the demand, it is profitable for crude oil.
We all know that oil trading must focus on the fundamentals of EIA crude oil stock news, because the EIA crude oil inventories have an important effect on the crude oil price fluctuations, the U.S. EIA crude oil inventories is a U.S. economic indicators, health measure of the US economy. Normally, summer time 10:30 Wednesday evening announcement, announced at half past eleven in the evening in winter.
Normally every Wednesday night at 11:30 (winter season, summer is 10:30) sometimes adjust.
