Analytical Reviews

Bekommen Sie die neuesten wirtschaftlichen Nachrichten von ForexMart, einschließlich Updates aus Finanzmarkt, Zentralbankpolitiksankündigungen, finanzielle Indikatoren und andere relevante Nachrichten, die die Branche beeinflussen können.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

World oil prices accelerated growth


June, 10 2021
watermark Economic news

On Thursday evening, world oil prices accelerated their growth, approaching $73 per barrel. The market was supported by demand signals from the monthly OPEC report.


In particular, the price of August futures for North Sea Brent crude oil mixture rose $72.90 per barrel, July futures for WTI rose to $70.64 per barrel.


Oil quotes support optimism for a recovery in demand, with traders assessing the June OPEC report. The organization noted that accelerating vaccination programs in many countries and increasing population mobility will positively affect demand in the second half of this year.


In addition, OPEC retained its forecast for the growth of oil demand in the world in 2021: the alliance still expects an increase in demand by 6 million barrels per day – to the level of 96.58 million barrels per day.


Additional support to the oil market was provided by yesterday's data from the US Department of Energy on oil reserves in the country. Inventories fell by 5.24 million barrels, which was better than the forecast for a reduction of 2 million.


hinterlassen

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.