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 ...

Earnings on trading platforms

 Earnings on trading platforms

This includes the sale of goods or the same services on online trading platforms that act as an intermediary between the seller and the buyer. For example, you can sell things that you do not use (are in your possession or are preparing for disposal). So, they can be sold very easily, just on the trading floors. Also, some of your own products that you yourself create as a hobby, but do not sell them on a professional level, including information products and some individual rare services, can also act as goods.


There are both large trading platforms, they are known to everyone, and small ones, but they all have their pros and cons.