I have created this indicator which shows EIA crude oil stock statistics provided by EIA(U.S. Energy Information Administration).
Like other commodities, oil prices are highly affected by demand and supply and increase/decrease of crude oil stock cause crude oil price fluctuation.
This indicator is created to help oil traders/investors easily analyze crude oil statistics along with price movement. It displays the following data as per data released by EIA on weekly basis. (Data source is quandle.com)
-Crude Oil Ending Stock -Crude Oil SPR Ending Stock -Stock changes from previous week(Calculated by the indicator) -% changes(Calculated by the indicator)
Hi all, EIA had stopped providing data to Nasdaq data link on Feb 2022, which is the data source of this indicator, therefore, this indicator shows data only up to Feb 2022.
For future updates, I will post here.
FeInv
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Hey man ! It´s a great indicator, but so far since the start of the year it is not reflecting any changes in stock, neither for the ending stock. Please check it out if you can, I´ll be happy to spread the word by then with my team and network. Cheers
FX365_Thailand
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@FeInv, Thank you for your comment. Seems like EIA had stopped providing their data to Nasdaq data link which is the source of this indicator. Let's see if there is other alternatives in the future.
FeInv
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@FX365_Thailand, thank you. Looking forward to the update soon :)
EIA had stopped providing data to Nasdaq data link on Feb 2022, which is the data source of this indicator, therefore, this indicator shows data only up to Feb 2022.
For future updates, I will post here.