Oil prices continuing to fall today, extending yesterday’s sharp losses as investors prepared for increased supplies after a compromise deal between leading OPEC producers. WTI and Brent fell more than 2% yesterday after it was reported that Saudi Arabia and the United Arab Emirates have reached a compromise that should open the way for a deal to supply more crude to a tight oil market and cool soaring prices. This has prompted some of the oil traders to take some profits before the deal is concrete. Oil prices also came under bearish pressure from reports showing that China’s economy grew slightly more slowly than expected in the second quarter, weighed down by higher raw material costs and new COVID-19 outbreaks.
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BRENT overview 15.07.2021
Oil falls on expected supply increase.
Oil prices continuing to fall today, extending yesterday’s sharp losses as investors prepared for increased supplies after a compromise deal between leading OPEC producers. WTI and Brent fell more than 2% yesterday after it was reported that Saudi Arabia and the United Arab Emirates have reached a compromise that should open the way for a deal to supply more crude to a tight oil market and cool soaring prices. This has prompted some of the oil traders to take some profits before the deal is concrete. Oil prices also came under bearish pressure from reports showing that China’s economy grew slightly more slowly than expected in the second quarter, weighed down by higher raw material costs and new COVID-19 outbreaks.
Expect sellers on upward corrections.
Next support to watch – 71.80
Giao dịch với một sàn môi giới được trao giải thưởng! Chênh lệch thấp nhất ở thị trường dành cho forex, kim loại quý, năng lượng. Không chào giá lại, không từ chối lệnh và rút tiền tức thời.
Mở tài khoản
Bài Viết Mới Nhất
BRENT 14.07.2023
14 Tháng Bảy 2023GOLD 14.07.2023
14 Tháng Bảy 2023EURUSD 13.07.2023
13 Tháng Bảy 2023NZDUSD 13.07.2023
13 Tháng Bảy 2023USDCAD 12.07.2023
12 Tháng Bảy 2023Danh mục
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