Oil now
Oil prices demonstrate a rise in trading on Friday, which is caused by the fact that the market is being ignored new export tariffs for the US and China. And the oil market chose to focus on waiting for sanctions against Iran, which continues to reduce its exports. As a result, there is a steady growth in oil quotations due to a decrease in supply. As a result, the oil of the main brands trades near the monthly highs, forming a stable upward trend.
Look Technical Analysis of Oil.
At the moment, Brent crude oil is trading around $ 75.60, a decline of about + 1.20% in price.
WTI oil is trading at $ 68.70, rising about + 1.20% in price.
Read also: “CFD on goods: oil, gold and silver”
Dani Levitan
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