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Bluesky

What make the crude oil stock (US) growing and what is the impact on economy?

What are the main reasons of an accumulation of crude oil in the US, and what implies a low or high stock on economy?

over 2 years ago

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ForexGump

Well, crude oil is the blood that runs most economies since it is the major source of energy. A growing stock suggests that economic activity (industrial, manufacturing, transportation, etc.) in the US is improving. Having less stock, on the other hand, could slow down the country's economic growth.

To learn more about oil, kindly click the link below. Thanks!

over 2 years ago

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