Oil is trading higher

Market news

22 December 2016

Oil is trading higher

This morning, the New York futures for Brent rose by 0.28% to $ 54.61 and WTI rose 0.17% to $ 52.58 per barrel. Thus, the black gold is gaining weakening of the dollar. Additional support is provided by optimism over the fact that OPEC will stick to previously scheduled plan to reduce oil production.

Option expiries for today's 10:00 ET NY cut

ECB Economic Bulletin: Looking further ahead, the Governing Council expects the economic expansion to proceed at a moderate but firming pace

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

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.