
Oil plunged several percent on Thursday. They say, the bullish rally was just too aggressive. Let's trade the dip then!
On Wednesday, crude prices went down, although gasoline jumped to their maximums since July 2015 because flooding as well as storm damage in the wake of Hurricane Harvey knocked out one-fifth of American refineries, confounding demand for oil, though driving fears of fuel shortages.
Hurricane Harvey that has been already downgraded to an ordinary storm, has generated huge floods across coastal Texas, and also in Houston. The disaster is currently heading for Louisiana, exactly where more floods are supposed to take place.
American West Texas Intermediate crude futures hit $46.31 a barrel, losing 13 cents from their previous close. As for Brent crude futures, they tumbled 21 cents being worth $51.79 a barrel.
American gasoline prices leapt over 3% hitting $1.8396 per gallon. Earlier prices demonstrated the most impressive reading since July 31, 2015, reaching $1.842.
Oil plunged several percent on Thursday. They say, the bullish rally was just too aggressive. Let's trade the dip then!
Great news for oil bulls! OPEC and its allied producers agreed to expand output cuts for the next month.
Another all-time high has juts been reached by the famous crypto asset. What next? $100,000?
The Australian economy has been on a steady recovery path, and now we have a very symbolic confirmation that S&P ASX 200 is about to cross 7000!
Jump in to know the latest market news and trade ideas for today!
The Reserve Bank of New Zealand will hold a meeting on Wednesday, April 14, at 05:00 MT.
FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.
Your request is accepted.
A manager will call you shortly.
Next callback request for this phone number
will be available in 00:30:00
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later
Don’t waste your time – keep track of how NFP affects the US dollar and profit!
Beginner Forex book will guide you through the world of trading.
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.