What economic indicators drive crude oil?

 

Hello there!

I have questions.

What economic indicators drive crude oil?

Also, when will it be announced in US time?

I would appreciate it if you could also tell me about the sites that will be helpful.

 
valenciaorange:

Hello there!

I have questions.

What economic indicators drive crude oil?

Also, when will it be announced in US time?

I would appreciate it if you could also tell me about the sites that will be helpful.

1. US oil inventories (you can use forex factory to check next release date)
2. OPEC meeting (also available in forex factory)
3. Every single news affecting commodities in general affects oil.(Like FOMC rate decision)
 
valenciaorange:

Hello there!

I have questions.

What economic indicators drive crude oil?

Also, when will it be announced in US time?

I would appreciate it if you could also tell me about the sites that will be helpful.

For analysis you can refer to Bloomberg YouTube channel and search for oil keyword. 
 
Yashar Seyyedin #:
2. OPEC meeting (also available in forex factory)
3. Every single news affecting commodities in general affects oil.(Like FOMC rate decision)

Thank you for your reply!

I learned a lot.

I will use it for crude oil trading.

 
valenciaorange #:

Thank you for your reply!

I learned a lot.

I will use it for crude oil trading.

You are welcome.