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Oil rises after data on US oil reserves

July, 09 2021

The oil market is showing an upturn at the end of the week after the release of data on US oil inventories. According to statistics from the US Department of Energy, US oil inventories fell by 6.9 million barrels in the week ended July 2. At the same time, gasoline stocks fell by 6.1 million barrels. Analysts predicted a decline in oil reserves by 4 million barrels, and gasoline – by 2.2 million barrels.According to the trading data, the price of Brent rose to $74.95 per barrel, WTI added 0.88% ... Read More

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The number of applications for unemployment benefits in the US unexpectedly rose

July, 08 2021

According to the US Department of Labor, the number of initial applications for unemployment... Read More