Oil (current news) - Ester Holdings

Oil (current news)

Oil prices continue to move in a narrow range at the beginning of the European session, after significant growth the day before. The main support for oil prices is provided by a decline in oil and petroleum products in the US over the past week. See “Oil prices continue to rise. Reserves of oil in the US are declining. ” Oil quotes is also supported by the weak position of the US dollar, against which the demand among holders of other currencies may grow.

  • At the moment, WTI crude oil is traded at $ 65.25, adding about + 0.12% to the price.
  • Brent crude oil is traded at around $ 69.44, losing about -0.04% in price.

Also, see Technical Analysis of Oil

Alexander Sivtsov

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