Oil price slips on signs that supplies increase in the biggest markets

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters

Oil futures for December settlement slipped by 0.7%, or 58 cents, to $84.99 a barrel during Sydney trading session on Tuesday. The oil price decreases as investors see signs of increasing supplies in the U.S. and China, the biggest oil consumers markets. Also, traders have expectations that the U.S. stockpiles data will be in the highest level in the last quarter.

Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX 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.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
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.