Alfa-Forex - News


    423.50 7.00/10
    66% of positive reviews

    Data on crude oil reserves

    Tomorrow, on 16 August, the US Energy Department will publish its weekly data on crude oil reserves. It is worth noting that the last six reports, starting on 30 June, signaled a clear increase in demand for hydrocarbons. This helped oil quotes exceed the psychological level of $50 per barrel by the main reference brands Brent and WTI. The event traditionally causes increased volatility in the dynamics of "black gold" prices, provoking a surge in quotations. Tomorrow's publication of new data will not be an exception.

    Time, GMT





         1:30 pm


    CLF, LCO


    Data on crude oil reserves from USA Energy Dep for a week (Aug 11)


    -2.7М bbls


    -6,45M bbls


    If you potentially wish to trade the news please sign-in into your Personal area and open a MetaTrader account. If you have not already done so, please download the trading platform and open a position. For more details, please contact your personal administrator - Alfa Forex representative - by calling 357-22-470-969. In any investment decisions you will take, we wish you successful trading!

    The figures and analysis presented are based on projections. Please bear in mind that if projections are not realized, financial results can be different.

    The information that is provided in this news feed must not be considered as investment advice or personal recommendation. It must not be used or considered as an offer or solicitation of an offer to buy or to sell any trading instrument. Although the information in this document is based on sources the Company believes to be reliable, no representation or warranty, express or implied, is made by the Company. The Company makes no warranty or representation that any trading instruments referred to herein are suitable for you, therefore potential investment decisions following this news feed should seek appropriate independent advice. Positions in financial instruments involve risks. Trading in leveraged products such as forex and CFDs puts your capital at risk. You should not risk more than you can afford to lose; it is possible that you may lose more than your initial investment. For additional information, please read the Risk Warning of Alfa-Forex.

    To leave a comment you must or Join us

    • avatar-8010
      • #

      US Energy Department data may weighed on oil prices at the beginning of this week. A leap above $ 53 / barrel, until the end of August is quite possible.

    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree