Oil (current news)

The price of oil is moving with a small plus at the beginning of the European session, after a sharp decline the day before. Reduction in oil prices on Monday contributed to the persistence of concerns about the trade war between the US and China, which also adversely affects the stock markets, reducing the demand for risky assets. In turn, the further reduction in oil prices prevented the observance of the OPEC + pact, as well as the prospect of its extension for 2019.

At the moment, WTI crude oil is traded at $ 63.27, adding about + 0.68% to the price.

Brent crude oil is traded at around $ 67.96, adding about + 0.70% to the price.

Alexander Sivtsov