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Forecast of Today's Financial and Economic data: the United States releases API and EIA crude oil inventory change data for the week ended July 3.
Jul 8,2020 06:34CST
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Source:SMM
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SMM7 8: today focus on the United States as of July 3, the week API, EIA crude oil inventory changes.

In terms of data,

API crude oil inventories changed in the week ended July 3 in the United States, and the number of stocks affected the price of oil products that could have an impact on inflation and other economic impacts. The prices of crude oil and oil products will have an important impact on the economy of the United States, a major consumer of the product.

The change in EIA crude oil inventory in the United States in the week ending July 3 will affect the price of crude oil, which in turn will have an impact on the Canadian dollar, as Canadian crude oil exports account for a large proportion of the economy. The impact is greater than the weekly change in crude oil inventories of the American Petroleum Institute (API).

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