The Energy Information Administration released the US Crude Inventories data that came out lower-than-expected of 3.6M, compare to forecasted 0.6M.
Below are some key notes from the weekly report published by the U.S. Energy Information Administration (EIA)
- "U.S. crude oil refinery inputs averaged 17.6 million barrels per day during the week ending November 23, 2018. "
- "Total products supplied over the last four-week period averaged 21.1 million barrels per day, up by 5.6% from the same period last year. "
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| Historical Data Table: Crude Oil Inventories | Economic Calendar for 30.11.2018 | ||||||||
| Date | 24.10.2018 | 31.10.2018 | 16.11.2018 | 21.11.2018 | 28.11.2018 | All Day | G20 Meetings | ||
| Actual | 6.3M | 3.2M | 10.3M | 4.9M | 3.6M | 13:30 PM | CAD GDP m/m | ||
| Forecast | 3.6M | 3.6M | 2.9M | 2.5M | 0.6M | 14:00 PM | US FOMC Member Williams Speaks | ||
| Initial Reaction on Main Pairs | SWFX Sentiment Indexes | ||||||||
| Open Price | Close Price | % Change | Longs | Shorts | |||||
| Light/USD | 51.15 | 50.81 | -0.66% | Light/USD | 69.31% | 30.69% | |||
| Brent/USD | 59.678 | 59.321 | -0.60% | Brent/USD | 73.69% | 26.31% | |||
| USD/CAD | 1.33487 | 1.33537 | 0.04% | USD/CAD | 36.74% | 63.26% | |||
| USD/RUB | 67.3863 | 67.42652 | 0.06% | USD/RUB | 53.21% | 46.79% | |||