Brent oil flat amid improved risk-appetite

Note: This section contains information in English only.
Source: Dukascopy Bank
Energy markets balanced between easing supply concerns and more pessimistic demand outlook. Investors are cautious ahead of the Fed meeting due next week.

Crude oil tumbled amid lingering demand worries after poor US manufacturing and labour market data. However, faster than expected reversal of the Seaway pipeline erased some losses of the commodity.

Brent oil was steady after pervious slump as rick-appetite among investors improved amid strong demand for Spanish debt.

Heating oil added 0.22% despite stagnating real estate market and warm weather in the US.

Natural gas dropped to a fresh 10-year low after the report of the EIA that indicated new increase in the US natural gas inventories. Moreover, high production levels and weakening demand are likely to block any upward move of the commodity.



Actual Topics

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台,SWFX和其它相关交易详情,
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台,SWFX和其它相关交易详情,
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.