EIA Petroleum Status Report
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Definition of 'EIA Petroleum Status Report'
A report published every Wednesday by the Energy Information Administration. This report outlines the level of crude reserves held and produced by the U.S. both domestically and abroad. Each report contains data on oil reserves for the previous week ending on Friday.
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Investopedia explains 'EIA Petroleum Status Report'
The price of oil is determined by supply and demand, just as with any other commodity. When reserves drop, prices will rise and vice versa. The EIA Petroleum Status Report is therefore an indicator of current oil prices.
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Search results for 'EIA Petroleum Status Report'
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http://www.investopedia.com/articles/optioninvestor/07/oil_gas.asp
... The EIA schedules the weekly publication of data highlighting US crude oil ... The first, called the Weekly Petroleum Status Report is distributed mid-morning and ...
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http://financialedge.investopedia.com/financial-edge/0911/Top-6-Websites-For-Finding-Financial-Stats.aspx
... Economic Calendar" under the "Market Data" heading, investors can view current and upcoming economic announcements such as the EIA Petroleum Status Report. ...
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