Oil Nears Key Support on Large Inventory Build

Senior Market Analyst Craig Erlam talks about today’s market news and gives his analysis on EURUSD, EURGBP, WTI crude, Brent crude, Gold, Copper and the Dow.

WTI/USD – US Crude Higher Despite Sharp Rise in Inventories

USD/CAD – Canadian Dollar Improves, Markets Eye Canadian Housing Report

EIA Inventories Eyed as Oil Tanks on API Report

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam

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