CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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. 73% 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 rise unexpectedly

15:36 24 November 2021

Report from the US Department of Energy caused some moves on the oil market. Crude inventories increased unexpectedlywhile gasoline stockpiles dropped more than expected. 

• Oil inventories: + 1.017million barrels vs -0.481 million barrels expected 

• Gasoline inventories: -0.603 million barrels vs -0.461 million barrels expected 

• Distillate inventories: -1.968 million barrels vs -1.002 million barrels expected

• Oil inventories at Cushing, Oklahoma: +0.787million barrels vs 0.216 million barrels previously

WTI Crude Oil (OIL.WTI) price rose after the release of today's EIA report  and is testing the 200 SMA (red line). Source:xStation5   

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