Oil (current news)

At the Asian session, oil remains at the level of the opening day after a swift correction yesterday. The correction of oil prices was caused by the expectation of the US President D. Trump’s statement on Iran’s nuclear deal. The results of the announcement are expected today, which caused the oil market to take a waiting position.

At the moment, Brent crude oil is trading at around $ 75.60, losing about + 0.70% in price.

WTI oil is trading at $ 70.20, losing about-0.80% in price.

Also, see Technical Analysis of Oil.

Hanzenko Anton