Oil now

There is a correction against Friday in the oil market with the opening of a new trading week. In addition to technical correction, pressure on oil prices is exerted by stock exchanges, which are traded with a moderate decline.

Major brands of oil started to decline, maintaining the lateral dynamics of the past week, and limited to support levels at the lows of November 15 and 13. The overall dynamics of the oil market remains restrained upward, limited to the general restraint of the market.

Look Technical Analysis.

Brent crude oil is trading around $ 62.70, a decline of about -1.00% in price.

WTI crude oil is trading around $ 57.30, a decline of about -0.90% in price.

 

Read also: “Aggravation of the US – eurozone trade tension”

Dani Leviant

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