Crude is still backed

Crude is still backed

On Friday, oil was still underpinned amid everlasting optimism as for the rebalancing of the crude market, while the partial closure of the major North-American pipeline generated supply disruption worries.

January delivery West Texas Intermediate crude futures gained 1.22% being worth $58.73 a barrel, which is the highest value since July 2015.

Additionally, January delivery Brent futures stood still trading at $63.55 a barrel.

Crude prices leapt reacting to news that an oil spill provoked the partial closure of the Keystone pipeline, which connects Canadian oilfields with America on Friday.

Oil was already underpinned after the EIA informed on Wednesday that crude inventories edged down by 1.9 million barrels the previous week, thus marking the first sag for three weeks.

The commodity obtained an extra boost from ascending signals that the Organization of Petroleum Exporting Countries along with its allies is going to agree to extend supply curbs beyond March.



Gold declines on Fed remarks

On Wednesday, gold headed south and kept to a one-year minimum due to the fact the evergreen buck managed to strengthen on Fed Chair’s remarks, which backed views that the US major financial institution considers lifting its interest rates this year…


Asian shares tumble with Japan markets shut

On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…

Greenback surges as yields soar

On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera