Crude Oil Inventory
Crude Oil report is monthly report shows
the net quantity of crude oil remains available for use in U.S. budget for the past
month, Traders concern? this report shows the inflation levels and industrial
economy health, as U.S. is the biggest economy and number one oil consumer it
matters to be informed about its stock of oil.
According to experts U.S. Crude Oil
inventory report is one of the most effective reports in oil market, due to its
governmental shutdown and high default risk, economists can now exactly figure out
for what level U.S. economy tormented by the shutdown.
As the figures announced for the month of
August shown 5.5 Million barrels as surplus, the forecasts are about big
difference for the month of September which are 0.5 Million barrels surplus.
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