Athabasca Oil Corp T.ATH

Crude Inventory

[spurwing2]

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Summary | Data & Chart | Forecast | News & Analysis

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US Energy Information Administration

Source:
Frequency:	Weekly

The EIA Crude Oil stockpiles report is a weekly measure of the change in the number of barrels in stock of crude oil and its derivates, and it's released by the Energy Information Administration. This report tends to generate large price volatility, as oil prices impact on worldwide economies, affecting the most, commodity related currencies such as the Canadian dollar. Despite it has a limited impact among currencies, this report tends to affect the price of oil itself, and, therefore, had a more notorious impact on WTI crude futures.

		Actual	Dev.	Consensus
	Last release Wed Jun 26th, 2024 14:30	3.591M	2.17	-3M
	Current release Wed Jul 3rd, 2024 14:30	-12.157M	-3.54	-0.15M

[SmokeyOB]

That was a very nice report for the bulls not to mention a draw of gasoline and substantial daily imports.  The IEA is wrong about EV's, they are all but dead in the water even with the subsides and all but forcing the product. The rich tree huggers have had their fill and to be frank nobody has the basic infrastructure to support the Left's woke plans.  In addition it has