Oil now
At the trades on Tuesday, oil quotes show a restrained positive dynamics, despite the worsening tension between the US and Iran, after a series of threats. So, the oil market after yesterday’s multidirectional trade moved to a waiting position, thereby restrainedly trading in the general uptrend. Support for oil and commodity assets is also provided by the positive dynamics of the stock indices and data on the low production increase in OPEC.
Look Technical Analysis of Oil.
At the moment, Brent crude oil is trading around $ 73.10, an increase of about + 0.00% in price.
WTI oil is trading at $ 68.20, an increase of about 0.50% in price.
Read also: “Forex Trading: Cross-rate – income over $ 15,000 per month”
Dani Levitan
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