EIA Crude Oil Inventories. USA, 17:30 (GMT+2)


At 17:30 (GMT+2), the US Energy Information Administration (EIA) will publish a weekly Crude Oil Inventories report containing data on changes in the volume of crude oil, as well as gasoline and distillates in the United States. An increase in reserves tends to put pressure on oil prices. Oil reserves are expected to decline for the fourth consecutive week, this time by 2.720 million barrels. If the forecast proves to be true, this may render support to the oil prices.

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