Range-bound WTI crude drifts up $76.68 to close at $76.68 per barrel .
Crude Oil rose $76.68 to close at $76.68 per barrel today which makes for a move of 0%. (Start trading WTI crude oil at FXTM today).
WTI crude upside coincides with further encouraging market factors as highly important Non Farm Payrolls data from United States beat analyst expectations of 205,000 with a reading of 311,000.
Nevertheless, highly important Unemployment Rate data from United States beat analyst expectations of 3.4 with a reading of 3.6. United States Initial Jobless Claims published yesterday at 13:30 UTC came out at 211,000, falling short of the 195,000 projections and continuing its decline from the previous 190,000 figure. Following a previous reading of 1.17 million, Crude Oil Inventories in United States released Wednesday fell short of the 395,000 figure expected by analysts with an actual reading of -1.69 million.
Meanwhile, United States JOLTs Job Openings (Jan) released Wednesday with a figure of 10.82 million, while the previous figure was 11.23 million.
Furthermore, the market is looking at Wednesday data for United States Retail Sales will be released, with an expected decline to -0.3% from the preceding figure of 3%. United States Core Retail Sales projected to decline to 0.2% while previous data was 2.3%; data will be released Wednesday.
Furthermore, the market is looking at United States Philadelphia Fed Manufacturing Index (Mar) will be released Thursday.