[ANNOUNCE] Oil price have increased after the US Crude Oil Inventories data release on Wednesday at 14:30 GMT. The one-minute candle gained 23 pips, or 0.33% right after the data release. In the next minutes the rate was trading at the 71.70 level. [/ANNOUNCE]
The Energy Information Administration released the US Crude Inventories data that came out lower-than-expected of 1.9M, compare to forecasted negative 0.7M. [/ANNOUNCE]
Brian Hook, Washington's special envoy for Iran, told a news conference at the United Nations General Assembly."We will ensure prior to the reimposition of our sanctions that we have a well supplied oil market,".
| Historical Data Table: Crude Oil Inventories | Economic Calendar for 01.10.2018 | ||||||||
| Date | 29.08.2018 | 06.09.2018 | 12.09.2018 | 19.09.2018 | 26.09.2018 | 8:30 AM | UK Manufacturing PMI | ||
| Actual | -2.6M | -4.3M | -5.3M | -2.1M | 1.9M | 14:00 PM | US ISM Manufacturing PMI | ||
| Forecast | -0.7M | -2.2M | -1.3M | -2.7M | -0.7M | Tentative | NZD NZIER Business Confidence | ||
| Initial Reaction on Main Pairs | SWFX Sentiment Indexes | ||||||||
| Open Price | Close Price | % Change | Longs | Shorts | |||||
| Light/USD | 71.755 | 71.88 | 0.17% | Light/USD | 42.05% | 57.95% | |||
| Brent/USD | 81.265 | 81.445 | 0.22% | Brent/USD | 28.91% | 71.09% | |||
| USD/CAD | 1.29701 | 1.29663 | -0.03% | USD/CAD | 53.83% | 46.17% | |||
| USD/RUB | 65.89465 | 65.8975 | 0.00% | USD/RUB | 35.21% | 64.79% | |||