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Oil crossed the mark $50 per barrel

Tuesday, 18 October 2016 18:19
Нефть перешагнула отметку в $50 за баррель

On Monday, the oil passed an important mark $50 per barrel. Investors are focused and waiting for a decision from OPEC about reduction of oil production by OPEC countries. The November delivery of WTI crude oil will be priced at $50.44 per barrel. This result is on 0.20% higher than yesterday's price. On trading in London December delivery  Brent crude for will cost of $52.18 per barrel. Yesterday was published optimistic forecasts from the FRS.

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Matthew Pope
Matthew Pope

Financial adviser, trader. I have been working in Forex market for 7 years, 4 of which I trade. I analyze the market, develop trading strategies, do lectures and webinars