Oil reserves Changing way of counting EIA

oil reserves. Changing the way of counting EIA

EIA procedure changes the count data on stocks. Starting today, data on exports and consumption will be considered in the “near real time” on the basis of customs data.

EIA previously used ‘forecasts in the monthly reports U.S. Census Bureau for the next 6 weeks, “and when a new data corrected them.

I believe, therefore, will no longer be “conversions / adjustments” once a month, as we are this many times already seen.

But the concrete Today’s statistics can be any!

The data will be published as usual, at 17-30.

Details of the new method of counting will also be published at the same time.

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