EIA petroleum status report,
Definition of EIA petroleum status report:
The EIA Petroleum Status Report details the existing U.S. stocks of crude oil, as well as the inventory levels of refined petroleum products such as gasoline, heating oil, and diesel fuel. The main highlights section of the report breaks down crude-oil inputs to the refineries, the capacity utilization of those refineries, and the amount of new gasoline and distillate production.
The EIA Petroleum Status Report is published every Wednesday by the Energy Information Administration (EIA), an agency within the U.S. Department of Energy. It details the level of crude-oil reserves that the U.S. holds, as well as the amount of crude and related products it produces, both domestically and abroad.
A weekly report on crude reserves held and produced by the US domestically and abroad. The report is published weekly by the Energy Information Administration and can be used to anticipate oil price changes.
Meaning of EIA petroleum status report & EIA petroleum status report Definition