Oil rises as markets shift focus from virus impact.
Oil rising today – recouping some of the losses from the previous session, as rise of demand in Europe and the United States outweighed concerns over a rise of COVID cases in Asian countries. In the United States, the Senate is set to vote on the passage of a $1 trillion infrastructure bill later on Tuesday, which, if passed would boost the economy and demand for oil products. Successful vaccination programmes in the West and encouraging economic data come in sharp contrast to the rising infection in the East – leading the markets to overlook the virus reports from the region. Moreover, the lockdowns and mass testing in China, the world’s top crude oil importer, are expected to be successful in stopping the spread of the virus and should lead to the resumption of oil demand – emboldening oil bulls.
Торгуйте с настоящим брокером. Одни из самых низких спредов на рынках Форекс, драгоценных металлов, энергоносителей. Рыночное исполнение ордеров по лучшим ценам от поставщиков ликвидности первого уровня.
BRENT overview 10.08.2021
Oil rises as markets shift focus from virus impact.
Oil rising today – recouping some of the losses from the previous session, as rise of demand in Europe and the United States outweighed concerns over a rise of COVID cases in Asian countries. In the United States, the Senate is set to vote on the passage of a $1 trillion infrastructure bill later on Tuesday, which, if passed would boost the economy and demand for oil products. Successful vaccination programmes in the West and encouraging economic data come in sharp contrast to the rising infection in the East – leading the markets to overlook the virus reports from the region. Moreover, the lockdowns and mass testing in China, the world’s top crude oil importer, are expected to be successful in stopping the spread of the virus and should lead to the resumption of oil demand – emboldening oil bulls.
Expect buyers on downward corrections.
Next resistance to watch – 72.20
Торгуйте с настоящим брокером. Одни из самых низких спредов на рынках Форекс, драгоценных металлов, энергоносителей. Рыночное исполнение ордеров по лучшим ценам от поставщиков ликвидности первого уровня.
Открыть счет
Последние сообщения
BRENT 14.07.2023
14 июля 2023GOLD 14.07.2023
14 июля 2023EURUSD 13.07.2023
13 июля 2023NZDUSD 13.07.2023
13 июля 2023USDCAD 12.07.2023
12 июля 2023Категории
Метки