Investing.com investing.com 20 Dec, 2020 12:15 am

Weekly Review and Calendar Ahead By Investing.com

Weekly Review and Calendar Ahead By Investing.com
Energy & Precious Metals - Weekly Review and Calendar Ahead

Energy Calendar Ahead Monday, Dec 21 Tuesday, Dec 22 American Petroleum Institute weekly report on oil stockpiles.Wednesday, Dec 23 EIA weekly report on crude stockpiles EIA weekly report on gasoline stockpiles EIA weekly report on distillates inventories Thursday, Dec 24 EIA weekly report on natural gas storage Friday, Dec 18 Precious Metals Review Gold prices dipped Friday as the battered dollar rebounded from 2-½ lows.“Successful vaccine execution is what is needed to send WTI crude well above the $50 level and that is unlikely to happen for months,” said Ed Moya, analyst at New York’s OANDA.New York City is on the verge of another shutdown.

Gold futures for February delivery on New York’s Comex last traded at $1,887, after officially settling the session at $1,888.“Risk appetite over the past few days has been fueled on optimism Congress would finally deliver a coronavirus relief bill,” said Ed Moya, analyst at New York’s OANDA.

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