Oil now
At the trading on Friday, the oil market is trading with a moderate decline, after the rapid growth yesterday. The reason for the downward sentiment in the oil market continues to be data on the growth of oil reserves in the US, which increase concerns about the growth of supply after the volume of oil production in OPEC has updated the annual maximum.
As a result, there are stable downward sentiments on the oil market, which are limited to attempts at correction and possible risks.
Look Technical analysis of oil
At the moment, Brent crude is trading around $ 73.40, a decline of about -0.10% in price.
WTI oil is trading at $ 68.90, a decline of about -0.05% in price.
Dani Levitan
Earn with the help of the trade service on the news Erste News!
Topical articles of the trader’s blog: