Oil weakens after previous rise

Note: This section contains information in English only.
Source: Reuters
After an increase of 3-4% in the prior session, oil prices dropped again. Futures for WTI fell $0.64 to trade at $46.04 a barrel, whereas Brent futures were down $0.48 trading at $48.44 a barrel. According to analysts, such a fall in prices was driven by a weak outlook of the economy and a continuing oversupply of oil. Goldman Sachs along with ANZ and some other banks have projected that a reduction of oversupply will take up to 2016-2017. 
Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
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.