At 17:30 (GMT+2), the Energy Information Administration (EIA) of the US Department of Energy will publish a weekly report on crude oil and petroleum products, which contains data on changes in crude oil, as well as gasoline and distillates in the United States. An increase in reserves tends to lead to pressure on oil prices. It is predicted that the amount of commercial oil in the United States will increase by 1.601 million barrels. The implementation of the forecast affects the prices negatively.
Read more here:
Latest posts by liteforex.com (see all)
- API Weekly Report on Oil Reserves. USA, 22:30 (GMT+2) - April 23, 2019
- Wholesale Sales. Canada, 14:30 (GMT+2) - April 23, 2019
- Services PMI. Australia, 01:00 (GMT+2) - April 23, 2019