Oil sets first monthly gain on global economy expansion

Note: This section contains information in English only.
Source: Bloomberg
Crude oil futures for January settlement were slightly changed or 4 cents higher to $88.03 a barrel during Singapore trading hours on Friday. The price consolidates after $1.58 gain yesterday, what makes 2.1% increase this month and sets the price for the first monthly gain since August. Oil was traded positively this month amid positive signs of economy expansion in the U.S. and China, which are the biggest crude oil consumers.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.