• Oil is trading higher

Market news

15 September 2016

Oil is trading higher

This morning New York crude oil futures for WTI rose by 0.25% to $ 43.69 and Brent crude oil futures rose by 0.53% to $ 46.09 per barrel. Thus, the black gold is trading higher, recovering from a 3 percent drop in the previous session. This happened after the publication of data on US distillate stocks (+4.6 million barrels). The growth was the highest since January, distillate stocks reached a six-year seasonal peaks.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.