Investing.com investing.com 12 Jan, 2021 00:15 am

Fed Speeches, JOLTs Data, Oil Inventory

Fed Speeches, JOLTs Data, Oil Inventory
Fed Speeches, JOLTs Data, Oil Inventory: 3 Things to Watch

The industry’s weekly survey of crude inventory would give another indication about the direction of oil prices.Oil prices have been rising -- over $50 a barrel for the first sustained time since the beginning of the pandemic.66 million barrels in the prior week.Last week, Saudi Arabia agreed to cut 1 million barrels a day in production in February and March to help stabilize prices.

A window on hiring JOLTs job openings data for November are due out at 10:00 AM ET (1400 GMT).The Job Openings and Labor Turnover survey provides a glimpse at what is happening in the labor market with respect to hiring.

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