|Medium||-3.642 M||-0.115 M||
The Energy Information Administration's (EIA) Cushing Crude Oil Stocks Change is one of the key factors of WTI oil price changes. Cushing (Oklahoma) is the delivery point for the US WTI crude oil benchmark.
An increase in oil storage levels at Cushing indicates a decrease in demand for oil, and the oil price falls. A decrease in volume can have a positive effect on oil prices.
The chart of the entire available history of the "EIA United States Cushing Crude Oil Stocks Change" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.