🔥 CRUDE OIL: MAJOR MACRO TRIGGERS AHEAD | 10–19 NOV
Crude Oil is entering a high-volatility macro window. The next major move could depend on inflation, China demand, the US Dollar, inventories and Fed expectations.
🔴 KEY EVENTS
10 Nov | US Inflation YoY | Previous: 3.7%
➡️ Higher inflation → Fed hawkish → USD stronger → pressure on crude
➡️ Lower inflation → rate-cut hopes → USD weaker → supportive for crude
12 Nov | US Jobless Claims | Forecast: 195K | Previous: 189K
Strong labour data supports demand, but may also delay Fed easing.
12 Nov | India CPI | Forecast: 5.93% | Previous: 5.54%
Higher inflation can weaken demand expectations from a major oil-consuming economy.
🚨 16 Nov | CHINA INDUSTRIAL PRODUCTION | Previous: 5.5%
One of the most important oil-demand indicators.
17 Nov | US Retail Sales | Previous: 6.3% YoY
Strong consumption supports fuel demand, but very strong data may strengthen the USD.
17 Nov | US Industrial Production | Previous: 2.2%
Higher manufacturing activity generally supports energy demand.
🚨 19 Nov | FOMC MINUTES
Hawkish Fed → USD ↑ → Crude pressure
Dovish Fed → USD ↓ → Crude support
🛢️ WHAT MATTERS MOST
Crude Oil is entering a high-volatility macro window. The next major move could depend on inflation, China demand, the US Dollar, inventories and Fed expectations.
🔴 KEY EVENTS
10 Nov | US Inflation YoY | Previous: 3.7%
➡️ Higher inflation → Fed hawkish → USD stronger → pressure on crude
➡️ Lower inflation → rate-cut hopes → USD weaker → supportive for crude
12 Nov | US Jobless Claims | Forecast: 195K | Previous: 189K
Strong labour data supports demand, but may also delay Fed easing.
12 Nov | India CPI | Forecast: 5.93% | Previous: 5.54%
Higher inflation can weaken demand expectations from a major oil-consuming economy.
🚨 16 Nov | CHINA INDUSTRIAL PRODUCTION | Previous: 5.5%
One of the most important oil-demand indicators.
- Strong China data → bullish demand signal
- Weak China data → crude demand concerns
17 Nov | US Retail Sales | Previous: 6.3% YoY
Strong consumption supports fuel demand, but very strong data may strengthen the USD.
17 Nov | US Industrial Production | Previous: 2.2%
Higher manufacturing activity generally supports energy demand.
🚨 19 Nov | FOMC MINUTES
Hawkish Fed → USD ↑ → Crude pressure
Dovish Fed → USD ↓ → Crude support
🛢️ WHAT MATTERS MOST
- China oil demand
- US EIA crude inventories
- OPEC+ supply policy
- Middle-East geopolitical risk
- DXY / US
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.