Date: Wednesday 31st January 2018
Time: 15:30 UTC
Today we see the Crude Oil Inventories for the week. Previously this has been a figure for the futures traders, however some Forex brokers are now offering oil contracts, so check with your broker. If you haven’t traded this figure before, please test it on the simulator, Crude Oil can be very volatile.
When we trade Crude Oil Inventories, we find that we get better results if we adjust the forecast based on the API Weekly Crude Oil Stock figure from the previous day.