Oil today: buy or sell?

19 August 2020

Trading signals: oilDear clients,

On August 19 at 14:30 GMT the United States will publish new stocks of crude oil data. The data is the key for the market, as its changes make it possible to track the level of demand and the black gold price.

Check trading signals from FreshForex analyst Alexander Goryachev:


The American Petroleum Institute reported on the reduction of black gold reserves in the US storage facilities by 4.4 million barrels. This is the fourth week in a row that stocks have declined. It's a positive signal for the oil market. Today consider buying #WTI, #BRENT, #Exxon.


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Oil today: buy or sell?

 

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