Instant account opening
Site map
Български Čeština English Français Deutsch Italiano Polski Português Română Русский Slovenský Español Nederlands

InstaForex Client Area

  • Personal settings
  • Access to all InstaForex services
  • Detailed statistics and reports on trades
  • Full range of financial transactions
  • System of managing several accounts
  • Maximum data protection

InstaForex Partner Area

  • Full information on clients and commissions
  • Graphic statistics on accounts and clicks
  • Webmaster instruments
  • Ready-made web solutions and wide range of banners
  • High data protection level
  • Company's news, RSS feeds, and forex informers
Register account
cabinet icon

InstaForex – always at the forefront!Open a trading account and become a part of the InstaForex Loprais Team!

Success history of the team headed by Ales Loprais can become your success history! Trade confidently and head towards leadership like regular participant of Dakar Rally and winner of Silk Way Rally InstaForex Loprais Team does it!

Join in and win with InstaForex!

Instant account opening

Registration is not available for non-EU residents. Please, proceed to the website of the other member of the InstaForex group.
toolbar icon

Trading Platform

For mobile devices

For trading via browser

Crude oil futures edged lower on Monday on reports Russia and OPEC might increase production to boost their market share.

However, prospects of a drop in supply due to lower production in Iran and Venezuela amid reports that the U.S. might further toughen its stance against the two nations and possibilities of further disruption in crude production in Libya due to the ongoing unrest there supported oil at lower levels.

West Texas Intermediate crude oil futures for May ended down $0.49, or 0.8%, at $63.40 a barrel.

On Friday, crude oil futures for May ended up $0.31, or 0.5%, at $63.89 a barrel, after rising to a high of $64.65 a barrel intraday.

The monthly report from the Energy Information Administration said crude oil production from seven major U.S. shale plays is forecast to climb by 80,000 barrels a day in May to 8.46 million barrels a day, from 8.38 million in April.

In the week ended April 5, U.S. crude production stayed in record territory, at 12.2 million barrels a day.

The Russian Finance Minister Anton Siluanov reportedly said over the weekend that Russia and OPEC may decide to boost production to fight for market share with the United States.

"There is a dilemma. What should we do with OPEC: should we lose the market, which is being occupied by the Americans, or quit the deal?" Anton Siluanov is quoted as saying to TASS News Agency.

Meanwhile, Saudi Arabia is reportedly keen to keep cutting, but sources within OPEC said it could raise output from July if disruptions continue elsewhere.

OPEC and its allies are scheduled to meet in June to decide whether to continue with output cuts.

You are now leaving, a website operated by INSTANT TRADING EU LTD