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EIA Crude Oil Reserves. USA, 17:30 (GMT+2) 09 Nov

by Trades Academy
November 10, 2022
in Market Analysis
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EIA Crude Oil Reserves. USA, 17:30 (GMT+2)

At 17:30 (GMT+2), the Power Info Administration of the US Division of Power (EIA) will publish a weekly report containing knowledge on modifications within the quantity of crude oil, in addition to gasoline and distillates within the US. The rise in reserves, as a rule, results in strain on oil costs. A correction is predicted from the present –3.115M barrels to 1.100M barrels, which can put strain on the “black gold” quotes.





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