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Analysts predict rise in US oil inventories
- 02 February, 2022
- 06:06
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US commercial oil inventories (excluding the strategic reserve) increased by 1.8 million barrels in the week ended January 28 to 418 million barrels, Report informs.
The relevant data will be published on February 2 night in the weekly review of the Energy Information Administration of the United States Department of Energy.
The European statistical office Eurostat will publish a preliminary estimate of inflation in the euro area at noon. Analysts expect annual consumer price growth to slow down to 4.4% in January from 5% in December.
In addition, data on changes in the number of jobs in US private companies in January will be released. The index is expected to rise by 207,000 after growing by 807,000 in December.
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