Advertisement
Canada markets closed
  • S&P/TSX

    22,167.03
    +59.95 (+0.27%)
     
  • S&P 500

    5,254.35
    +5.86 (+0.11%)
     
  • DOW

    39,807.37
    +47.29 (+0.12%)
     
  • CAD/USD

    0.7387
    +0.0001 (+0.01%)
     
  • CRUDE OIL

    83.11
    -0.06 (-0.07%)
     
  • Bitcoin CAD

    95,763.00
    +1,598.98 (+1.70%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • GOLD FUTURES

    2,254.80
    +16.40 (+0.73%)
     
  • RUSSELL 2000

    2,124.55
    +10.20 (+0.48%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • NASDAQ futures

    18,465.00
    -38.75 (-0.21%)
     
  • VOLATILITY

    13.01
    +0.23 (+1.80%)
     
  • FTSE

    7,952.62
    +20.64 (+0.26%)
     
  • NIKKEI 225

    40,309.67
    +141.60 (+0.35%)
     
  • CAD/EUR

    0.6849
    +0.0006 (+0.09%)
     

EIA Might Report More Bearish Inventory Data This Week

EIA Might Report More Bearish Inventory Data This Week

In the week ending on August 10, US crude oil inventories were 1% above their five-year average. Oil inventories were higher than their five-year average for the first time since March 9. The difference is called the “inventories spread.” In the weeks before August 10, US crude oil inventories were inching towards their five-year average.