What Are Crude Oil Inventories And Why Do They Matter?

A laptop and data to represent the data of crude oil inventories.

Also known as crude stockpiles, inventories are the reserves of crude oil (unrefined) available to a nation. Typically, oil inventory figures help dictate global supply and demand of crude oil. But why do they matter so much? And why is it that they exert such controlling influence over the broader market conditions? The team here […]