- Analytics
- News and Tools
- Market News
- Oil is trading lower
Oil is trading lower
This morning, the New York futures for Brent dropped 0.48% to $ 43.20 and WTI fell 0.36% to $ 44.59 per barrel. Thus, the black gold is traded in the red zone on the background of an increase in production in the OPEC countries, as well as an increase in the number of drilling rigs in the United States. Recall Friday, the cartel said that in October, oil production was higher by nearly 240 thousand barrels per day as compared to September, up to 33.64 million barrels per day. On Thursday, November 10, the International Energy Agency (IEA) also stated that total production of oil increased 230 thousand barrels per day as compared to September, to a record high of 33.83 million barrels per day.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
