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Eia Crude Storage Surprise V2

Updated weeklyData needs: mediumlong only
paper
2012
Source
Hong, H. & Yogo, M. (2012). "What does futures market interest tell us about the macroeconomy and asset prices?" Journal of Financial Economics. Symeonidis, Prokopczuk, Brooks & Lazar (2012). "Futures basis, inventory and commodity price volatility." Energy Economics.
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In plain terms

A bigger-than-seasonal crude draw lifts the broad E&P basket for the next few trading days.

How it works

EIA weekly crude-storage surprises proxy inventory pressure in the WTI complex. Large bullish draws tend to lift a broader E&P basket over the next few sessions.

No live results for this strategy yet. Charts appear once it has earned a top spot on at least one stock, either on its own or as part of a blend of several strategies.
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Data dependencies

  • Daily prices

    Adjusted-close OHLCV for every US-listed ticker; primary price feed.

  • Eia crude storage

    A data feed this strategy reads, refreshed on its normal schedule.

Expected edge

Reported return
~50-100 bps over 1-10d
Tested over
T+1 to T+10d

Inventory-surprise passthrough is roughly 50-100 bps over 1-10d on the E&P basket.

Example tickers where this is likely to fire

Illustrative only, the signal fires based on the live data, not a fixed list.

Related families

Explore Eia Crude Storage Surprise V2 on alphactor.ai

See which tickers this family is currently firing on, with live signals and rankings.

For informational and educational purposes only. Not financial advice. Learn more