Would you mind to trade some oil? If the answer is yes, you’ve clicked on the right section.
Oil traders are awaiting the release of the weekly crude oil stocks change at 17:30 MT time.
Today, the oil prices may move on the release of crude oil inventories at 18:00 MT time.
According to yesterday’s news OPEC is considering further production cuts. The next meeting of oil-producing countries is scheduled for December 5-6. The announcement pushed the oil prices up yesterday.
Heads up to the release of weekly crude oil inventories at 17:30 MT!
Crude oil inventories will be out at 17:30 MT time
The tweet by Iran's foreign minister increased the possibility of tensions in the region. It pushed the oil prices up.
Yesterday’s private survey showed larger-than-expected cut in oil output.
The release of crude oil inventories earlier today showed a surprise increase in the number of barrels.
The yellow metal reached the highest levels in 6 years amid the global risk aversion.