Oil is trading higher

Market news

9 February 2017

Oil is trading higher

This morning the New York futures for Brent rose by 0.78% to $ 55.55 and WTI rose 0.80% to $ 52.74. Thus, the black gold prices trading in the green zone amid falling gasoline inventories in the United States.

According to the Energy Information Administration US crude stocks rose for the week to 13.83 million barrels, while gasoline stocks fell by 0.87 million barrels to 256.2 million barrels.

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

RBA Governor Lowe: Expect GDP Growth Around 3% Over Next 2 Years

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.