Oil (current news)

At the beginning of the day, oil is restraint positively trading, continuing to receive support from the expectation of new sanctions against Iran, which the US President D. Trump said yesterday as part of the breakdown of the nuclear agreement on Iran. At the same time, the main oil brands remain near the three-year highs, limited to overbought, which in the end can cause correction.

At the moment, Brent crude is trading at around $ 76.60, with growth of about + 2.50% in price.

The WTI brand oil is trading at $ 70.60 a mark, rising about + 2.30% in price.

Also, see Technical Analysis of Oil.

Hanzenko Anton