CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

BREAKING: US Crude Stocks fall more than expected

15:38 16 June 2021

Crude inventories in the US dropped by  7.36 million barrels in the week ended June 11th, following an 5.241 million decrease in the previous week and compared with analysts’ estimates of a 3.29 million decline, according to the EIA Petroleum Status Report. 

Cushing Crude Oil inventories dropped to -0.215 million barrels, following a 0.165 million barrels increase from last week.

Gasoline inventories rose by 1.954 million barrels, following a 7.046 million barrels advance in the prior period and above analysts’ expectations of 0.614 million barrels decrease. 

US distillate inventories fell to - 1.023  million barrels after increasing 4.412 million barrels in the previous week.

WTI Crude Oil (OIL.WTI) price rose after the release of today's EIA report and is heading towards resistance level at $72.52. Source:xStation5   

 

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