Thursday, May 28, 2015

TODAY'S "CRUDE OIL INVENTORY" DATE: 28-05-2015

Radhey Radhey! May 28 15:00 GMT +5:30 -2.025M Consensus -2.674M Previous EIA Crude Oil Stock is a measure of change in crude oil storage and it's released by the Energy Information Administration. This report indicates the oil demand and the price volatility. As the oil prices have an impact on worldwide economy, some volatility for the currencies, specially for the CAD is expected. We have to take into account that Canada is the world's fourteenth largest producer of oil so a strong oil demand appreciates, or is bullish for the CAD. Despite it having a low impact among currencies, this report tends to affect the price of oil itself, and therefore had a more notorious impact - Chandan ((91-11-9899993052, 91-11-9818982844))
-
Labels: , , , ,

1 comment:

  1. Internet GuruMay 28, 2015 at 3:27 PM

    Thank You for Crude Oil Inventory Update...
    Your Blog has daily Market data Update which helps us to trade and gain in Mcx.
    Please post some mcx tips free over here

    ReplyDelete

Subscribe to: Post Comments (Atom)

"Subscription Plan For Commodities"

Jai Siya Ram http://www.fxlive.in/ Regards The Market thinker MCX Commodity + NSE Equity and Forex Market