country flagالعربية

Oil Stabilizes Waiting for US Stocks

2017-08-16 09:20 am | Resource: news | No Views : 292

Crude oil futures held steady in today's Asian trading session, affected by early losses ahead of US inventory data due today, which measures the change in the total number of barrels of crude oil stocks of commercial companies during the past week, which is expected to rise, due to increase As well as an increase in the number of diggers that have entered the last two weeks of work.
Brent crude was up 0.77% at 51.19, and crude oil rose 0.61% to 47.86. The dollar's rise helped oil prices rise during the week. Earlier this month, The highest level in 11 weeks above $ 50.
It is worth mentioning that, although it is an American indicator, it affects the Canadian dollar due to the importance of the oil sector in Canada.

Other analysis

Best Opportunities, Vision and Technical Analysis for The Oil 17 April 2019

(CURDE OIL - WTI ) We offer you oil analysis denominated by US dollar on Wednesday, April 17, 2019, with the most important forecast for the price of oil denominated by US dollars in the market. Time frame Used - four hours Oil is moving in a sideway direction in the near term. The purchasing power managed to push oil higher to close at the end of trading today, rising…

More analysis

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.