[macro outlook] pay attention to the change of EIA crude oil inventory in the United States in the week ended July 16.

Published: Jul 21, 2021 06:59

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SMM7 March 21: today pays attention to the change of EIA crude oil inventory in the week ended July 16 in the United States.

EIA crude oil inventory changes in the week ending July 16 in the United States, the increase or decrease of inventory will affect the price of crude oil, which in turn will have an impact on the Canadian dollar, because 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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