Oil now

Oil quotes are traded with the strengthening on the correction after yesterday’s collapse in the growth of supply and negative sentiment in the market. The main oil brands are trading with a strengthening on the correction, which is caused by the resumption of growth in the stock markets of Europe, while the general downward sentiment persists on the oil market . The reason for the pessimistic mood in the oil market is the increase in supply due to the supply growth from the increase in oil production in Saudi Arabia and the growth of oil inventories in the United States.

Look Technical Analysis of Oil.

At the moment, Brent crude is trading at $ 76.30, an increase of about + 0.20% in price.

WTI crude oil trades at $ 66.80, an increase of about + 0.00% in price.

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Dani Leviant

Earn with the help of the trade service on the news Erste News!

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