A dream of oil production of 7 million! A decrease of 2 million quid was expected after the previous increase of 5.85 million.
Gasoline stocks decreased by only 260 thousand against the expected decrease of 1.6 million and the previous decrease of 2.66 million.
The amount of distillates increases by 300 thousand against the expected decrease of 500 thousand and the previous decrease of 1.7 million.
Oil reacted positively in the first reaction, but the gains were quickly muted around the $81 level. Oil is still moving near daily lows.
X-Trade Brokers (XTB) is an international brokerage house that provides professional conditions for trading CFDs on forex, indices, commodities, cryptocurrencies and for investing in shares and ETFs. He is constantly improving his services, which is evidenced by a number of international awards, and this is also confirmed by the domestic award of Broker of the Year and Forex Broker of the Year, which was repeated at the MoneyExpo Investment Summit. For its clients, XTB offers professional trading platforms MetaTrader 4 and xStation 5 with an integrated calculator, free extension, 24-hour customer support, free extension and daily news from the financial markets.
The distribution of contracts are complex tools and due to the use of financial leverage, they are associated with a high risk of rapid financial loss. In the case of 72% of the retail investors, the trading with installment contracts with this provider resulted in a loss. You should make sure you understand how the installment contract works and whether you can afford the high risk of losing your funds.
2023-08-16 16:08:20
#Oil #stocks #fell #oil #react
