2 Oct

Analyzing Key Energy Events This Week

WRITTEN BY Rabindra Samanta

Key energy events

The following table shows the key energy events on October 2–6, 2017. This week, if the EIA (U.S. Energy Information Administration) reports another fall in the US commercial crude oil inventory, it could push oil (BNO) (DBO) (UCO) prices higher. The API (American Petroleum Institute) data will also be an important indicator of the trend in US crude oil stockpiles.

 Analyzing Key Energy Events This Week

Natural gas (UNG) (BOIL) (FCG) prices will also react to the EIA’s natural gas inventory report on October 5, 2017. Apart from the EIA’s inventory data, the oil rig count is important for oil prices. From natural gas’s perspective, the oil rig count and the natural gas rig count could be crucial.

For important updates on energy sector stocks and energy commodity prices, visit Market Realist’s Energy and Power page.

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