The Energy Information Administration released the US Crude Inventories data that came out lower-than-expected of 6.7M, compare to forecasted 3.6M.
"The report is mixed due to the dueling large build in crude oil inventories and steep decline in gasoline and distillate fuels," said John Kilduff, a partner at Again Capital Management in New York.
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| Historical Data Table: Crude Oil Inventories | Economic Calendar for 25.10.2018 | ||||||||
| Date | 26.09.2018 | 03.10.2018 | 11.10.2018 | 17.10.2018 | 24.10.2018 | 11:45 AM | EUR Main Refinancing Rate | ||
| Actual | 1.9M | 8M | 6M | 6.5M | 6.3M | 12:30 PM | EUR ECB Press Conference | ||
| Forecast | -0.7M | 1.1M | 2.3M | 1.6M | 3.6M | 12:30 PM | US Core Durable Goods Orders m/m | ||
| Initial Reaction on Main Pairs | SWFX Sentiment Indexes | ||||||||
| Open Price | Close Price | % Change | Longs | Shorts | |||||
| Light/USD | 66.842 | 66.928 | 0.13% | Light/USD | 63.54% | 36.46% | |||
| Brent/USD | 76.516 | 76.606 | 0.12% | Brent/USD | 40.44% | 59.56% | |||
| USD/CAD | 1.29959 | 1.29926 | -0.03% | USD/CAD | 52.72% | 47.28% | |||
| USD/RUB | 65.45735 | 65.4601 | 0.00% | USD/RUB | 51.07% | 48.93% | |||