EIA Petroleum and Petroleum Products Report. United States, 16:30 (GMT+2)

EIA Petroleum and Petroleum Products Report. United States, 16:30 (GMT+2)

At 16:30 (GMT+2), the Energy Information Administration (EIA) of the US Department of Energy will publish a weekly report on oil and petroleum products. It contains data on changes in the volume of crude oil, as well as gasoline and distillates in the United States. An increase in reserves tends to lead to pressure on oil prices. According to forecasts, crude oil reserves from the United States will continue to decline for the second week in a row, by another 0.167 million barrels. At the same time, gasoline inventories may reduce by 0.333 million barrels, and distillate stocks may fall by 1.267 million barrels. The implementation of the forecast may provide additional support for oil prices.

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