FreshForex - News


    644.75 7.75/10
    65% of positive reviews

    FreshForex Forecast: US Crude Oil Inventories

    31 May 2017

    FreshForex Forecast: US Crude Oil InventoriesDear traders,

    Every week US Energy Information Administration (EIA) releases oil inventories report that measures the weekly change in the number of barrels of commercial crude oil held by US firms.

    This week report is scheduled on June 1, at 3 p.m. GMT and may cause significant oil prices change.

    The leading FreshForex analyst Catherine Main commented on the report as follows:

    “This week vacation season has started in USA, which traditionally leads to declining oil inventories. Americans like traveling by car during summer season, that's why high oil products demand is observed. US oil inventories have reduced for 7 weeks in a row. This tendency may be expected to continue, which will have positive impact on oil prices. Brent and WTI quotes increase by 1% may be expected.”

    Check out Forex Heatmap of the most volatile instruments and earn money right away!

    FreshForex Forecast: US Crude Oil Inventories

    If you have any questions, don't hesitate to contact us:

    • via Online support chat;
    • via ticket system in your Personal Area;
    • by email;
    • by filling out special form on the website;
    • or by phone 442070992124.

    Good luck in trading!
    FreshForex — fresh view on money!



    All news

    To leave a comment you must or Join us

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