On Wednesday (August 20), international oil prices rose about 1%, mainly supported by a larger-than-expected drop in U.S. crude inventories. Meanwhile, investors continue to monitor progress in Russia-Ukraine peace talks, although sanctions on Russian oil remain in effect.
Data from the U.S. Energy Information Administration (EIA) showed that for the week ending August 15, U.S. crude oil inventories fell by 6 million barrels, far exceeding analysts’ forecast of 1.8 million barrels, and also larger than the 2.4 million barrel draw reported by the American Petroleum Institute (API) a day earlier.
WTI crude oil futures rose 86 cents, settling at $63.21 per barrel, a gain of 1.38%.
Trading suggestion: After WTI reached a high of $63.81, it consolidated and finally closed at $63.65, forming a medium bullish candle with a slightly longer upper shadow.
Trading strategy: Buy near 63.2, Stop loss 62.7, Target 63.8–64.5.
风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。
加载失败()