EIA Crude Oil Inventories. USA, 17:30 (GMT+2)

EIA Crude Oil Inventories. USA, 17:30 (GMT+2)

At 17:30 (GMT+2), the US Energy Information Administration (EIA) will publish a weekly Crude Oil Inventories report containing data on changes in the volume of crude oil, as well as gasoline and distillates in the United States. Increases in inventories tend to put pressure on energy prices. The indicator is expected to decline to a negative value of –1.667M barrels from the current 1.017M barrels. If the forecast proves to be true, this may render support to the oil prices.

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