Oil now
At the beginning of the week, oil quotes are declining on the general growth of market pessimism and data on the growth of supply in the oil market. So, the data on the resumption of oil supplies from Libya put pressure on the cost of oil. On the other hand, the market is experiencing an increase in pessimistic sentiment, due to the risks of the Helsinki summit, and the weak start of stock indexes on Chinese statistics at the beginning of the day.
Look Technical Analysis of Oil.
At the moment, Brent crude oil is trading around $ 73.90, a decline of about -1.80% in price.
Oil brand WTI is trading at $ 68.70, a decline of about -1.70% in price.
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Dani Levitan
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