× Home About
logo
Inventories are declining for the third week in a row, and anticipation of the monthly OPEC report
image 10 June، 2021
image ابحاث السوق
image Views : 519

The official report issued by the US Energy Information Administration issued yesterday, Wednesday, June 9, in the American session, showed that US crude oil stocks fell for the third week in a row by 5.2 million barrels in the last week ending on the fourth of June, to reach 474 million barrels, compared to Expectations indicated a rise to 4. million barrels. In details, gasoline stocks rose by 7 million barrels to reach 241 million barrels, compared to analysts’ expectations, which indicated a rise by about 698 thousand barrels, while distillate stocks, which include heating and diesel fuels, rose by 4.4 million barrels, compared to expectations that indicated their decline to 1.4 million barrels. The markets are awaiting the monthly OPEC report, which will be issued today, Thursday, for the month of May, which will discuss the main issues related to the oil markets and its future expectations for price developments for the coming period. Brent crude is trading at levels of $71.79 a barrel, down by 0.60% this morning, while US crude (NYMEX) is trading down by about 0.57% at levels of $69 a barrel.

Most Read Articles

Most read Articles on FayezAlajmi-4x
NASDAQ
image 5 October، 2021
image ابحاث السوق
image 5310
icon View More
(العربية) EURUSD
image 7 September، 2021
image fayez alajmi
image 4324
icon View More
(العربية) BTCUSD
image 7 September، 2021
image fayez alajmi
image 3437
icon View More
GOLD
image 17 February، 2022
image fayez alajmi
image 3239
icon View More

مساحة إعلانية