Trading signals: US Department of Energy on oil reserves report

10 February 2021

Trading signals: US Department of Energy on oil reserves reportDear clients,

Today, on February 10 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 has reported on the reduction of black gold reserves in American storage facilities by 3.5 million barrels. Reserves decline for three weeks in a row. It's a positive signal for the oil market. Oil is currently trading at an annual high, we expect the uptrend to continue. Today consider buying #WTI, #BRENT.


Join the Cashback promotion and get a spread rebate to $20!

Trading signals: US Department of Energy on oil reserves report

If you have any questions, don't hesitate to contact us:

 

Good luck in trading!
FreshForex — forget other brokers.

 

All news

Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus