Cushing crude oil inventory data just released, with an actual stock of 147.8 million barrels far exceeding the expected 7.45 million barrels. The significance behind this number should not be underestimated—rising inventories usually indicate weakening crude oil demand or oversupply, directly impacting energy prices. For the crypto world, fluctuations in oil prices can trigger chain reactions: first affecting the strength of the US dollar, then influencing risk appetite for digital assets. An increase in inventories often signals growing concerns about economic growth, putting pressure on risk assets. Meanwhile, easing energy cost pressures may also alleviate inflation expectations, alter Federal Reserve policy outlooks, and ultimately impact capital flows. Keeping a close eye on such economic data can help you anticipate changes in market rhythm.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
ForkLibertarianvip
· 8h ago
Inventory doubles, the crypto world has to shake things up again. This data's impact really lives up to the hype.
View OriginalReply0
RugPullAlarmvip
· 8h ago
147.8 million barrels vs. 745,000 barrels, the data is wildly different. We need to check if large address holdings have recently moved. Energy prices usually plunge alongside shifts in capital flow, so we must keep a close eye on on-chain activity.
View OriginalReply0
NftBankruptcyClubvip
· 8h ago
The inventory has surged so much; to put it simply, demand has cooled down. The US dollar is about to appreciate again, and the crypto world is about to be cut again.
View OriginalReply0
CounterIndicatorvip
· 8h ago
With such a huge increase in inventory, brothers need to hold on tight. The decline still has to continue.
View OriginalReply0
SchroedingersFrontrunvip
· 8h ago
With such a huge surge in inventory, will the Federal Reserve change its tone? Something feels a bit off.
View OriginalReply0
FloorPriceWatchervip
· 8h ago
Such a huge increase in inventory? Oh my, I need to quickly check the price reaction...
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)