Russia Faces Further Sanctions, USOIL Falls Limited
Don’t miss the opportunity to make a profit, check the USOil trend now>>
Oil prices fell under pressure as members of the International Energy Agency discussed how much oil reserves they would release to cool the market, coupled with earlier API data showing a build in U.S. crude inventories and a strengthening dollar at its highest level since May 2020. But oil prices were underpinned by new sanctions on Russia that the United States and Europe will announce today, as well as Iraq’s difficulties with oil production. For the follow-up trend of oil prices, please pay attention to tonight’s EIA data.
The trend of USOil can be paid attention to…
Latest news on the Russian-Ukrainian war
22:30 U.S. EIA Crude Oil Inventories for the week ending 4/1
02:00 FED releases the minutes of its monetary policy meeting
20:30 U.S. Unemployment Claims for the week ending 4/2
22:00 U.S. Wholesale Sales (MoM) (Feb)
Which will affect USOil trends, and investors must grasp the opportunity of making orders.
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