Home / Forex news / US: EIA Crude Oil Stocks rise by 6 million barrels, WTI holds near $81
Will send a newsletter once per week.
With such a diverse selection, picking a reliable broker is a daunting task, but there are some universal tips which will help to make the right decision.
Why can a broker be reluctant to pay money out and what shall you do retrieve your earnings?
If you think of becoming a trader, start your carrier not with learning the Forex basics but with learning how to distinguish trustworthy brokerages from shady operators.
Commercial crude oil inventories in the US increased by 6 million barrels in the week ending October 8, the weekly report published by the US Energy Information Administration (EIA) revealed on Thursday. This reading came in much higher than the market expectation for an inventory build of 0.7 million barrels.
The barrel of West Texas Intermediate (WTI( edged lower from daily highs after this report and was last seen trading at $80.90, where it was up 0.4% on the day.
“Total motor gasoline inventories decreased by 2.0 million barrels last week and are about 2% below the five year average for this time of year.”
“US crude oil imports averaged 6.0 million barrels per day last week, decreased by 1.0 million barrels per day from the previous week.”
“Total products supplied over the last four-week period averaged 20.7 million barrels a day, up by 12.5% from the same period last year.”
No Comments on “US: EIA Crude Oil Stocks rise by 6 million barrels, WTI holds near $81”