Home › News › Content

U.S. Crude Oil Inventories Edge Modestly Higher

2024-11-14 3764

(fxcue news) - Crude oil inventories in the U.S. saw a modest increase in the week ended November 15th, according to a report released by the Energy Information Administration on Wednesday. The EIA said crude oil inventories crept up by 0.5 million barrels last week after rising by 2.1 million barrels in the previous week. The uptick by crude oil inventories was roughly in line with economist estimates. At 430.3 million barrels, U.S. crude oil inventories remain about 4 percent below the five-year average for this time of year, the EIA. The report also said gasoline inventories rose by 2.1 million barrels last week but are about 4 percent below the five-year average for this time of year. Meanwhile, the EIA said distillate fuel inventories, which include heating oil and diesel, edged down by 0.1 million barrels last week and are about 4 percent below the five-year average for this time of year.

This page link：http://www.fxcue.com/336084.html
Tips：This page came from Internet, which is not standing for FXCUE opinions of this website.
Statement：Contact us if the content violates the law or your rights

Like (3725)

China Shares May Extend Tuesday's Gains

FTSE 100 Slips As Geopolitics Weighs

FTSE 100 Gains Despite Inflation Uptick

Bay Street May Open On Mixed Note

Pound Rises As U.K. Inflation Accelerates More Than Forecast

Bay Street Seen Opening Lower On Geopolitical Concerns; Canadian Inflation Data In Focus

U.S. Crude Oil Inventories Edge Modestly Higher

Ukraine Conflict Drags Down CAC 40

Please sign in

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts. Opinions expressed at FXCue are those of the individual authors and do not necessarily represent the opinion of FXCue or its management. FXCue has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and omissions may occur. Any opinions, news, research, analyses, prices or other information contained on this website, by FXCue, its employees, clients or contributors, is provided as general market commentary and does not constitute investment advice. FXCue will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

U.S. Crude Oil Inventories Edge Modestly Higher

China Shares May Extend Tuesday's Gains

FTSE 100 Slips As Geopolitics Weighs

FTSE 100 Gains Despite Inflation Uptick

Bay Street May Open On Mixed Note

Pound Rises As U.K. Inflation Accelerates More Than Forecast

Bay Street Seen Opening Lower On Geopolitical Concerns; Canadian Inflation Data In Focus

U.S. Crude Oil Inventories Edge Modestly Higher

Ukraine Conflict Drags Down CAC 40

Please sign in

Trader

Gold operation strategy: Short sell gold at the 2648-53 line, stop loss at 2658, target at the 2612-2618 line, break below the 2606-2600 line;

Gold Strategy: 2645-2650 Short Selling Stop Loss 2658 Target 2630

Considering the rebound of crude oil operations today, short selling is the priority, with buying long at low prices as a supplement. Focus on resistance at $68.6-69.2 above and support at $67.0-66.0 below.

Sell directly near gold 2639, targeting 2622-2615-2606; If short selling is done in batches at three points: 2644, 2647, and 2654; If you buy more around 2622, 2615, and 2606 for the first time;

Spot silver can be bought long at the position of 30.2 today, with a stop loss set at 30. The target is first to look at 30.5 and 30.7, and if a break can be achieved, the target can be further focused on 30.9 and 31.2.

Spot gold trading recommendation for today's operation is to short one near 2650-2648, with a stop loss of 2656 and a target of 2640-2635. Buy one more time on the first retracement of 2620-2622, stop loss at 2615, target around 2635-2645.

Profit from gold trading

Profit from selling foreign exchange gold orders

Sell directly near gold 2630, targeting 2616-2608-2598; If sold in batches at four o'clock on 2633, 2637, 2642, and 2650; If it is given around 2616, 2608, and 2598 for the first time, it can be bought;

Gold intraday strategy: Buy near 2626-2629 Stop loss 2620 Target 2645

Tags

U.S. Crude Oil Inventories Edge Modestly Higher

China Shares May Extend Tuesday's Gains

FTSE 100 Slips As Geopolitics Weighs

FTSE 100 Gains Despite Inflation Uptick

Bay Street May Open On Mixed Note

Pound Rises As U.K. Inflation Accelerates More Than Forecast

Bay Street Seen Opening Lower On Geopolitical Concerns; Canadian Inflation Data In Focus

U.S. Crude Oil Inventories Edge Modestly Higher

Ukraine Conflict Drags Down CAC 40

Please sign in

Trader

Gold operation strategy: Short sell gold at the 2648-53 line, stop loss at 2658, target at the 2612-2618 line, break below the 2606-2600 line;

Gold Strategy: 2645-2650 Short Selling Stop Loss 2658 Target 2630

Considering the rebound of crude oil operations today, short selling is the priority, with buying long at low prices as a supplement. Focus on resistance at $68.6-69.2 above and support at $67.0-66.0 below.

Sell directly near gold 2639, targeting 2622-2615-2606; If short selling is done in batches at three points: 2644, 2647, and 2654; If you buy more around 2622, 2615, and 2606 for the first time;

Spot silver can be bought long at the position of 30.2 today, with a stop loss set at 30. The target is first to look at 30.5 and 30.7, and if a break can be achieved, the target can be further focused on 30.9 and 31.2.

Spot gold trading recommendation for today's operation is to short one near 2650-2648, with a stop loss of 2656 and a target of 2640-2635. Buy one more time on the first retracement of 2620-2622, stop loss at 2615, target around 2635-2645.

Profit from gold trading

Profit from selling foreign exchange gold orders

Sell directly near gold 2630, targeting 2616-2608-2598; If sold in batches at four o'clock on 2633, 2637, 2642, and 2650; If it is given around 2616, 2608, and 2598 for the first time, it can be bought;

Gold intraday strategy: Buy near 2626-2629 Stop loss 2620 Target 2645

Tags

关注我们的公众号