Oil now
At the start of the week, the oil market remains under the pressure for correction after growth. Previously, concerns about exacerbation of tension in the Gulf of Oman increased the demand for oil due to the possibility of tension in the Middle East. Today, the main oil brands are trading down in risk reduction and maintaining signs of a slowdown in oil demand.
As a result, the overall downward trend has slowed, but continues to persist, in fact being limited to support that meets the lows of last week.
Look Technical Analysis.
Brent crude is trading at $ 61.40, a decrease of about -0.90% in price.
WTI crude is traded at around $ 52.00, a decline of about -1.00% in price.
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