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Oil started to rise in price

Thursday, 10 November 2016 20:55
Oil started to rise in price

The day before to the end of the trading week, oil has fallen in price, then followed a slight increase. The markets are trying to adapt to victory of Trump. Currently, total US oil reserves are 485 million barrels. At the last week oil stocks rose on 2.4 million barrels. Analysts say that the markets are moving towards a deep recession. WTI has risen on 9 cents from the previous close.

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Ami	Phelps
Ami Phelps

Business analyst. I cooperate with private investors and write analytical rewievs. My specialization is indices chart with the basic technical tools