Crude oil in the center of attention

07 April 2021

Trading signals: oilDear clients,

Today, on April 7 at 14:30 GMT, the US Department of Energy will publish a new 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 a 2.6 million barrels reduction in black gold reserves in American storage facilities. A positive signal for the oil market. Today consider buying #WTI, #BRENT, #Exxon.

It's time to trade oil without swaps! Read more here.

Crude oil in the center of attention

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