Dear clients,
April 19 will be announced data on crude oil reserves from the US Department of Energy. Crude oil reserves of Energy Information Agency (EIA) are estimated by the weekly increase in barrels of commercial oil held by US firms. Reserve levels affect the price of petroleum products, which in turn affect inflation and other economic forces.
What data is expected this time, we will find out from our expert:
The American Petroleum Institute reported a reduction in black gold reserves in US storage facilities by 2.6 million barrels, which is favorable for rising oil prices. The oil market enters the „high season“, when the consumption of petroleum products increases every week. Today consider buying #WTI, #BRENT, #Exxon.
Don’t miss the opportunity, trade fuel without swaps until May 7th!
