US crude oil stocks are forecast to fall in data due out tomorrow. The figures covering week ended 25th September are expected to show crude oil inventories falling by 400k barrels. Gasonline to rise by 1.1m barrels & distillates also rising by 1.1m barrels. Refining capacity is seen as having fallen by 0.2% to 85.4%. However, given last week’s unexpected figures tomorrow’s these estimates too may be wide of the mark.
Trading oil futures is difficult at the best of times which is why it is so important to use an oil broker who can offer the widest possible oil market experience, tight spreads and low margins. In addition the best oil brokers will also offer an outstanding trading platform such as the metatrader4, one of the most respected and trusted retail platforms. For more information and to download an online oil trading account click any of the highlighted links. Good luck and good trading.
