US oil inventories fall less than expected - EIA

Economies.com
2019-08-21 15:25PM UTC

The US Energy Information Administration (EIA) revealed that the US oil inventories declined by 2.7 million barrels during last week to 437.8 million barrels, while analysts expected a decline of 3.1 million barrels

 

Gasoline inventories rose by 300,000 barrels, while distillate rose by 2.6 million barrels last week.

 

While the American Petroleum Institute (API) revealed yesterday in preliminary data that the inventories fell by 3.5 million barrels.

Forex and Currency News

EUR/USD news

Forex

Euro approaches week high amid positive outlook
2024-04-18 08:30AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
Forex News

Forex

Dollar gives up five-month high on profit-taking
2024-04-17 10:56AM UTC
The dollar lost ground in European trade on Wednesday against a basket of major rivals away from ...
GBP/USD news

Forex

Sterling starts recovering after hot UK inflation data
2024-04-17 06:43AM UTC
Sterling rose in European trade on Wednesday for the first time in four days against the dollar, ...

Forex Technical Analysis

USD CHF Analysis

Forex

The USDCHF price under the negative pressure – Forecast today - 19-04-2024
2024-04-19 04:20AM UTC
USDCHF Price Analysis Expected Scenario The USDCHF price begins today with strong decline ...
NZD USD Analysis

Forex

The NZDUSD price declines again – Forecast today - 19-04-2024
2024-04-19 04:20AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price couldn’t manage to hold ...
AUD USD Analysis

Forex

The AUDUSD price breaks the support – Forecast today - 19-04-2024
2024-04-19 04:20AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price ended yesterday negatively, and ...