$40 is being tested by bulls of the oil market - once again after June 8. Which way it will go further?
Tag - brent
Investors await the OPEC+ decision on output cuts. It will define where the oil price will go.
The ECB unveiled more asset purchases than expected. EUR went up, but can reverse soon. What is the forecast?
Why did S&P 500 fall down? Should you buy oil and gold now? And what is the market sentiment today? All answers you’ll get in this video.
WTI trades right below the resistance of $33. What will its nearest step be?
WTI oil price is following an ascending curve. However, there are reasons for the consolidation. What are they?
The risk sentiment remains positive, but for how long?
Brent followed the case of WTI, although not into the negative zone (yet); the AUD and the NZD are marching upwards across the board, the USD stays relatively strong.
Oil prices turned negative yesterday, economic data for today
USD rules the market this Monday, with AUD and NZD getting their gains as well, gold plunging, and WTI dropping to 21-year lows at $14.80!
Find out the market performance for today
Oil prices remain under pressure. After Brent has broken the consolidation range to the downside and fell below 30.00, it got some support ahead of 27.00.