How to use the EIA oil report in trading

How to use the EIA oil report in trading The content of the article What is an EIA report What data is published in the report How to use the report in trading Long term trading Short term trading Conclusion In this review, we will consider the weekly EIA report on the state of the oil industry, which has a strong influence on black gold quotes. Many traders closely follow his publications and use the information received when trading. What is an EIA report The Energy Information Administration, EIA, is a division of the US Department of Energy established in 1977. It is responsible for the objective collection of energy data, analysis and economic forecasts. Various reports are regularly published that provide information on energy-related topics. For example, reports on energy stocks, demand and prices. The United States is not only a major oil consumer (approximately 20% of world consumption), but also a leading oil producer. The balance of supply and demand in the US gives a rough ...

cloud mining-Облачный майнинг

 Having figured out how mining works, you can try another method that is available to almost everyone and has a minimum entry threshold. The advantages of the technique are that there is no need to buy expensive equipment, set it up and endure a high noise level.


All you need for mining in the "cloud" is a regular PC, even without discrete graphics, and instructions:


Find the optimal coin and cloud service for mining.

Select the calculation algorithm and power.

Choose a rental period - on average, about 1 year.

Pay rent and commission.

Periodically check the receipt of charges for mining.

After the completion of the contract, decide whether to switch to another service and tariff or stay on these.

The disadvantage of cloud mining of cryptocurrencies is the inability to independently control the process and the possibility of encountering scammers. Therefore, a beginner and even an experienced miner should carefully select services. And in 2021, among the best options you can find such sites:


Shamining, for mining BTC;

ECOS, for Bitcoin mining;

BeMine - for mining Bitcoin, Zcash and Ethereum;

Genesis Mining, for mining a variety of cryptocurrencies, from Bitcoin and Dash to Zcash and Litecoin.

The duration of the average contract is 1 year. Almost all cloud services have such offers. But you can find rental options for 180 days (ECOS) and 2 years


(Genesis Mining), and for 8 months (BeMine). But it is worth considering - the longer the contract, the more the miner will have to invest.