WTIUSD

The oil market will be looking for clues about the health of the global economy this week. Inflation data coming from the U.S. on Tuesday and Thursday, and from the U.K. and Eurozone on Wednesday will influence expectations regarding economic activity and consequently oil demand. The U.S. crude oil inventory data to be released on Wednesday will provide important signals about the supply-demand balance, causing short-term fluctuations in prices as always.