Sunday , 19 January 2025
Home Forex EIA weekly crude oil inventories +5474K vs +270K expected
Forex

EIA weekly crude oil inventories +5474K vs +270K expected

  • Crude oil inventories +5474K vs +270K exp
  • Gasoline inventories +878K vs -1212K exp
  • Distillates inventories -1140K vs -1679K exp
  • Refinery utilization +1.8% versus expectations of -0.3%

Oil was in the midst of a nice intraday bounce before this data but there has been some selling since.

Private oil inventories released late yesterday:

  • Crude +1643K
  • Gasoline -2019K
  • Distillates -1478K

This article was written by Adam Button at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

How To Predict Forex Price Movements Accurately

Struggling to predict forex price movements? The foreign exchange market trades over...

A technical view of the major currency pairs going into the new trading week

EURUSD:USDJPY:GBPUSD:USDCHF:USDCAD:AUDUSD:NZDUSD: This article was written by Greg Michalowski at www.forexlive.com.

Greenland, Canada and the Panama Canal: What is the real plan here?

Here is my base case.Greenland:This is a real pet project of Trump's....

Trend Continuation Factor and Hurst Exponent Forex Trading Strategy

The Trend Continuation Factor and Hurst Exponent Forex trading strategy is a...