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On October 6, the American Petroleum Institute released data showing that U.
S.
crude oil inventories fell by 1.
2 million barrels last week, and Cushing crude oil inventories fell by 100,000 barrels
.
API inventory data released in the early hours of the morning sharply bullish crude prices as the U.
S.
government expects tighter crude supply next year and signs that Russia, Saudi Arabia and other major oil producers may hold further talks
to support the market.
The U.
S.
Energy Information Administration (EIA) will release the government version of the U.
S.
crude oil inventory report
at 22:30 tonight.
Oil prices rose above $50 and the rally accelerated, aided by technical buying and a weaker dollar, and EIA inventory data will be ushered in the evening, which has a greater impact on the trend of oil prices and is worth paying attention to
.
On October 6, the American Petroleum Institute released data showing that U.
S.
crude oil inventories fell by 1.
2 million barrels last week, and Cushing crude oil inventories fell by 100,000 barrels
.
API inventory data released in the early hours of the morning sharply bullish crude prices as the U.
S.
government expects tighter crude supply next year and signs that Russia, Saudi Arabia and other major oil producers may hold further talks
to support the market.
S.
crude oil
The U.
S.
Energy Information Administration (EIA) will release the government version of the U.
S.
crude oil inventory report
at 22:30 tonight.
Oil prices rose above $50 and the rally accelerated, aided by technical buying and a weaker dollar, and EIA inventory data will be ushered in the evening, which has a greater impact on the trend of oil prices and is worth paying attention to
.
