France EUR

France IEA Oil Market Report

Impact:
Medium

Next Release:

Forecast:
Period: Jan 2018
What Does It Measure?
The IEA Oil Market Report measures global oil supply and demand dynamics, providing insights into production levels, consumption patterns, stock changes, and price trends. It primarily focuses on key indicators such as crude oil production, refinery throughput, and inventory levels, assessing them from a national perspective with implications for the broader global market.
Frequency
The IEA Oil Market Report is released on a monthly basis, typically available around the middle of each month, and may include preliminary data that is subject to revisions in subsequent reports.
Why Do Traders Care?
Traders pay close attention to this report as it significantly influences oil prices and market sentiment regarding energy commodities. A higher-than-expected demand or lower supply can lead to bullish sentiment in oil markets, affecting currencies linked to oil exports and energy equities.
What Is It Derived From?
The report is derived from comprehensive data analysis, including surveys of oil-producing countries and organizations within the petroleum industry. It utilizes methodologies such as statistical analysis of production and consumption data, along with historical trends, to produce reliable oil market forecasts.
Description
The IEA Oil Market Report distinguishes between preliminary and final figures, with preliminary data reflecting early estimates subject to revisions, while the final data provides a more accurate depiction of market conditions released later. Traders often react quickly to preliminary reports due to their immediate relevance, whereas final data may lead to adjustments in market positioning as it corroborates or contradicts early trends.
Additional Notes
This report serves as a leading economic indicator, providing essential insights into energy trends that can affect economic growth and overall market conditions globally. Its assessments help shape the understanding of supply-side pressures and demand forecasts, influencing oil prices and geopolitical considerations.
Bullish or Bearish for Currency and Stocks
Higher than expected: Bullish for currencies linked to oil exports, Bullish for energy stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise