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News FreshForex

October 15, 2020 in 18:02

POSITIVE SIGNAL FOR OIL! IT’S TIME TO TRADE

Dear clients,

Today, on October 15 at 15:00 GMT, the US Department of Energy will publish a new report on oil reserves in the country. This is an important indicator showing the level of demand and prices for black gold.

Leading analyst of FreshForex gives the following recommendations on this matter:

“The American Petroleum Institute has reported a 5.4 million barrels cut in US oil reserves, it's the highest decline in the past four months. This is a positive signal for the oil market. Today consider buying #WTI, #BRENT”.

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