The Energy Information Administration released the US Crude Inventories data that came out lower-than-expected of negative 7.3M, compare to forecasted negative 1.3M.
The Energy Information Administration commented, "U.S. crude oil imports averaged 7.2 million barrels per day last week, down by 943,000 barrels per day from the previous week."
Historical Data Table: Crude Oil Inventories | Economic Calendar for 12.12.2018 | ||||||||
Date | 31.10.2018 | 16.11.2018 | 21.11.2018 | 28.11.2018 | 06.12.2018 | 13:30 PM | US CPI m/m | ||
Actual | 3.2M | 10.3M | 4.9M | 3.6M | -7.3M | 13:30 PM | US Core CPI m/m | ||
Forecast | 3.6M | 2.9M | 2.5M | 0.6M | -1.3M | - | - | ||
Initial Reaction on Main Pairs | Open Position Proportions on 06.12.2018 | ||||||||
Open Price | Close Price | % Change | Longs | Shorts | |||||
Light/USD | 50.995 | 51.105 | 0.22% | Light/USD | 69.57% | 30.43% | |||
Brent/USD | 59.326 | 59.876 | 0.93% | Brent/USD | 62.72% | 37.28% | |||
USD/CAD | 1.34236 | 1.34178 | -0.04% | USD/CAD | 37.20% | 62.80% | |||
USD/RUB | 67.00681 | 66.9237 | -0.12% | USD/RUB | 44.94% | 55.06% |