White House is planning strategic petroleum reserve release this week – Bloomberg

Market news

18 October 2022

White House is planning strategic petroleum reserve release this week – Bloomberg

Bloomberg is reporting that the White House is considering announcing a strategic petroleum reserve (SPR) release this week.

There is nothing further reported on the same.

Market reaction

WTI is meeting fresh supply on the above headlines, heading closer to the $84 mark, down 0.51% on the day.

Currencies. Daily history for Tuesday, October 18, 2022

Commodities. Daily history for Monday, October 17, 2022

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.