Market Focus

On Thursday, December 28, 2017, the economic calendar will not be marked by a significant amount of news. That is why attention should be paid to the movement of the basic drivers, especially oil prices.

Today, will be publication of data on crude oil reserves in the US. According to the forecast, the stocks of raw materials will decrease by -5,504 million barrels, which is slightly lower than the previous decline at the level of -6.495 million barrels. In turn, it should be noted that the gasoline reserves will grow by 3.434 million barrels, exceeding the previous value of 1.237 million. After the publication of the data, the oil quotations may be in some uncertainty, but rather maintain a positive attitude.

Alexander Sivtsov