Trading Conditions
Products
Tools
WTI has been struggling since its decline more than 9 percent two weeks ago. $50 resistance area is proving to be too much for the WTI as of now. We expect the oil price to form a base around $46 area.
Key factors at play in crude oil market –
Today’s inventory report from US Energy Information Administration (EIA) will be released at 14:30 GMT. Trade idea –