03 February 2021
Today, on February 3 at 15:30 GMT, the US Department of Energy will publish a report on oil reserves in the country. This is an important indicator showing the level of demand and prices for black gold.
Leading analyst of FreshForex gives the following recommendations on this matter:
The American Petroleum Institute reported on the reduction of black gold reserves in American storage facilities by 4.26 million barrels. It's a positive signal for the oil market. Today consider buying #WTI, #BRENT.
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