| Source | |
| Measures | Change in the number of barrels of crude oil held in inventory by commercial firms during the past week; |
| Usual Effect | 'Actual' less than 'Forecast' is good for currency; |
| Frequency | Released weekly, 4 days after the week ends; |
| Next Release | |
| FF Notes | While this is a US indicator, it most affects the loonie due to Canada's sizable energy sector; |
Why Traders
Care | It's the primary gauge of supply and demand imbalances in the market, which can lead to changes in production levels and price volatility; |
| Also Called | Crude Stocks, Crude Levels; |
| Acro Expand | Energy Information Administration (EIA); |
