EIA Inventory Reports: A Key Tool For Analyzing Energy Markets ...Middle East

The Energy Information Administration (EIA) is an independent agency within the U.S. Department of Energy that provides data and analysis on energy production, consumption, and prices.  One of its most important functions is to release weekly inventory reports that detail the current levels of crude oil, gasoline, and other petroleum products held in storage across the United States. These reports are closely watched by traders, analysts, and investors in the energy markets for several reasons. What are the EIA Inventory Reports? The EIA releases…

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