Baker Hughes oil rig count. USA, 20:00 (GMT+2) 22 Nov

22Nov.202319:00

Baker Hughes oil rig count. USA, 20:00 (GMT+2)

At 20:00 (GMT+2), data on the number of active oil rigs from Baker Hughes will be published. The weekly report records changes in the amount of oil production capacity in the United States. The last time the number of towers increased to 500, and the continuation of this trend may put pressure on oil quotes.

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22 Nov. 2023 16:30

Crude oil inventories. USA, 17:30 (GMT+2)

At 17:30 (GMT+2), the US Department of Energy’s Energy Information Administration (EIA) will publish a weekly report containing data on changes in the volumes of crude oil, as well as gasoline and distillates in the country. A correction is expected from the current 3.592M barrels to 1.793M barrels, supporting oil quotes.

23 Nov. 2023 09:30

Manufacturing and service PMI. Germany, 10:30 (GMT+2)

At 10:30 (GMT+2), November data on business activity indices in the manufacturing and service sectors of Germany will be published. The indicators reflect the state of business activity in the national manufacturing and service industries and are calculated based on a survey of purchasing and supply managers of leading national enterprises while assessing the attitude of purchasing and supply managers to the current economic situation and prospects for its further development. Manufacturing PMI is expected to rise from 40.8 points to 41.2 points and service PMI – from 48.2 points to 48.5 points.

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