Oil is trading in the red zone

Market news

16 November 2016

Oil is trading in the red zone

This morning, the New York futures for Brent dropped 0.62% to $ 46.66 and WTI fell 0.63% to $ 45.52 per barrel. Thus, the black gold is trading lower, correcting after the recent rally. Oil rose yesterday because OPEC members are preparing to renew the efforts for reaching a production cut.

Swiss economic sentiment continues to improve

Switzerland: Credit Suisse ZEW Survey (Expectations), November 8.9

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