Crude inventories in the US rose by 1.21 million barrels in the week ended June 12th 2020, following an 5.7 million increase in the previous week and compared with analysts’ estimates of a 0.15 million advance, according to the EIA Petroleum Status Report.
Gasoline inventories fell by about 1.6 mln barrels, following a 0.86 million rise in the prior period while analysts expectated 0,75 mln barrels decline.
WTI Crude Oil (OIL.WTI) price rose after the release of today's EIA report and is heading towards $39.06 resistance level. Source: xStation5
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile appThis content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
