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Analytics, News, and Forecasts for CFD Markets: raw news — 14-11-2019.
The U.S. Energy
Information Administration (EIA) revealed on Thursday that crude inventories
increased by 2.219 million barrels in the week ended November 8. Economists had
forecast a gain of 1.500 million barrels.
At the same
time, gasoline stocks rose by 1.861 million barrels, while analysts had
expected a drop of 1.250 million barrels. Distillate stocks reduced by 2.477
million barrels, while analysts had forecast a decrease of 0.950 million
barrels.
Meanwhile, oil production in the U.S. climbed by 200,000 barrels a day to 12.800 million barrels a day, which is a record high.
U.S. crude oil imports averaged 5.8 million barrels per day last week, down by 327,000 barrels per day from the previous week.
| Raw materials | Closed | Change, % |
|---|---|---|
| Brent | 62.76 | 0.97 |
| WTI | 57.39 | 1.25 |
| Silver | 16.92 | 0.89 |
| Gold | 1463.457 | 0.4 |
| Palladium | 1707.52 | 0.49 |
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