FreshForex Forecast: US Oil Inventories

07 June 2017

FreshForex Forecast: US Oil InventoriesDear traders,

Every week US Energy Information Administration (EIA) releases oil inventories report that measures the weekly change in the number of barrels of commercial crude oil held by US firms.

Previous week oil inventories report forecast by FreshForex experts has proven to be correct: Brent and WTI prices rose by 1,04%.

The leading FreshForex analyst Catherine Main commented on the US Oil Inventories report scheduled on June 7 at 2.30 p.m. GMT as follows:


“Oil inventories in the United States have fallen for the last 8 weeks, and we believe that fall will continue, as in US vacation season has started, which causes consumption increase in the oil product market. Brent and WTI prices are likely to rise by 1%.”


Follow reliable FreshForex forecasts and earn on key economic events!

FreshForex Forecast: US Oil Inventories

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

 

Good luck in trading!
FreshForex — forget other brokers.

Other news:

 

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