Crude slips away from 2015 maximums

Crude slips away from 2015 maximums

On Wednesday, oil slipped away from two-and-a-half year maximums reached the previous trading session. It’s because of the gradual resumption of flows via a key North Sea pipeline offset supply disruption in Libya.

However, the two outages in rapid succession have clearly shown how much tighter crude markets worldwide have become a year into supply reductions led by OPEC along with Russia.

American West Texas Intermediate crude futures hit $59.74 a barrel, sliding 23 cents from their previous settlement. Apparently, in the previous session WTI futures overleapt $60 a barrel for the first time since June 2015.

As for Brent crude futures, they demonstrated $66.66 a barrel, losing 36 cents. Yesterday, the given commodity benchmark managed to break through $67 for the first time since May 2015.

The dives happened to be an outcome of the gradual return of the 450,000 barrels a day capacity Forties pipeline system, situated in the North Sea.


Gold is nearly intact

On Wednesday, gold was nearly intact because traders closely watched a policy statement by the key US bank, which is expected to shed light on its interest rate plan for the rest of 2019…

Latest news

Japan real wages surge is slowest in almost two years

Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…

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