U.S. oil inventories surge much faster than forecasted

Note: This section contains information in English only.
Source: Marketwatch
According to the new weekly data from the U.S. Energy Ministry, oil inventories in the country jumped 4.1 million barrels during the last week, which ended on October 25. Analysts forecasted a much lower increase in inventories of 1.9 million barrels. At the same time, a rise in inventories slowed from the previous week. Following the data release, WTI price declined 0.88% to $97.35 per barrel.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.