Why do the DOE Inventory reports matter?

Discussion in 'Energy Futures' started by runningman, Jun 27, 2007.

  1. They really move the market every Wednesday. The differences are so small relative to what we use though. A difference of less than a million barrels in storage can move the market a dollar or more. We use 20 million+ barrels a day in the US alone. So why do the inventory reports move the market so much?