WTI crude soars as U.S. inventory decline

Note: This section contains information in English only.
Source: Bloomberg
WTI crude gained after U.S. crude stocks decreased for a second straight week. Crude for August settlement climbed 1.6% to $105.17 a barrel as of 9:49 a.m. on the New York Stock Exchange, after reached $105.62, the 14-month high. The market is into backwardation, futures for later deliveries are becoming less expensive compared to those with closer expiration.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
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.