Site map
العربية Български 中文 Čeština English Français Deutsch हिन्दी Bahasa Indonesia Italiano Bahasa Malay اردو Polski Português Română Русский Srpski Slovenský Español ไทย Nederlands Українська Vietnamese বাংলা Ўзбекча O'zbekcha Қазақша

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
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

Get a letter of instructions
toolbar icon

Trading Platform

For mobile devices

For trading via browser

InstaForex News

10.07.2020: Oil and RUB remain under pressure, but crash is unlikely (Brent, USD/RUB)

loader
views
Oil is trading in the red on Friday and is likely to close this week with losses. The ruble is struggling to settle near the level of 71 against the US dollar.
In the mid-term, the ruble is expected to edge lower amid the limited growth in oil prices and overall risk aversion. Besides, at the moment there are no local factors to support the ruble.
In the day trade, Brent oil futures for September went lower by more than 2%. The North Sea crude settled at 41 US dollars 44 cents per barrel. West Texas Intermediate oil was following a similar trajectory. The American crude was last seen trading at 38 dollars 70 cents per barrel.
The official industry data continues to weigh on the oil market. Thus, oil stockpiles at the Cushing Terminal rose by 2.2 million barrels, for the first time in eight weeks. Overall, crude supplies in the US have increased over the week by 5.7 million barrels, or 1.1%. However, yesterday, market participants were surprisingly optimistic despite the bearish crude data.
Another factor restricting oil’s rise could be the news from China which seem to be running out of place to store crude oil. Since the beginning of the year, oil crude reserves in China went up by 25%. Apparently, the global oil market is facing an oversupply.This could lead to a faster drop in crude prices in the near future.
In the meantime, investors’ sentiment is dampened by fears over the rapid coronavirus spread. Market participants are worried that the renewed lockdowns following a surge in coronavirus cases may suppress the global economic recovery. At the moment, oil bulls are almost ready to retreat. Therefore, the US crude oil is at risk of hitting 30 dollars per barrel if the downward pressure continues.
Still, the overall situation in the energy market remains stable. Brent is unlikely to slip below 40 dollars per barrel. If the quotes approach this level, then traders might want to open more long deals in order to gain profit.
Despite a slight fall in oil prices, the ruble managed to advance against its American counterpart on Thursday. Today, the Russian currency is mostly following the dynamics of emerging market assets and crude prices. In the mid-session, the ruble lost nearly 0.5% against the US dollar. If no supporting factors emerge, then the dollar/ruble pair is likely to climb above the mark of 71.50.

https://www.instaforex.com

FX Analytics - https://www.instaforex.com/forex_analytics
Forex Calendar - https://www.instaforex.com/forex_calendar
Forex TV from InstaForex - https://www.instaforex.com/instaforex_tv

Forex charts - https://www.instaforex.com/charts
Instant account opening - https://www.instaforex.com/fast_open_live_account
Forex Trading Contests - https://www.instaforex.com/forex_contests

List of official InstaForex blogs:
https://www.facebook.com/instaforex
https://www.instagram.com/instaforex/
https://twitter.com/InstaForex

#commodity_market #oil #instaforex_tv
← back to video list

ইন্সটাফরেক্সের ভৌগোলিক উপাত্ত

ইন্সটাফরেক্সের ভৌগোলিক উপাত্ত

ইন্সটাফরেক্স টিভির অনুষ্ঠানসমূহ

ইন্সটাফরেক্স টিভির অনুষ্ঠানসমূহ

ইন্সটাফরেক্স টিভি ক্যালেন্ডার

ইন্সটাফরেক্স টিভি ক্যালেন্ডার

ইন্সটাফরেক্স টিভি সাক্ষাৎকার

ইন্সটাফরেক্স টিভি সাক্ষাৎকার


বন্ধ
Widget calback
আমাদের বিশেষজ্ঞগণ
আপনাকে পাঁচ মিনিটের মধ্যে
কল করবে
ওয়েবসাইটের মাধ্যমে আমরা
আপনার কার্যক্রম পর্যালোচনা করব এবং
আপনার সকল প্রশ্নের জবাব দিব!
পছন্দের সংযোগের ধরণ
পছন্দের ভাষা
  • English
  • Русский
  • العربية
  • Bahasa Indonesia
  • Bahasa Melayu
  • বাংলা
  • Български
  • 中文
  • Español
  • हिन्दी
  • Asụsụ Igbo
  • Português
  • اردو
  • ไทย
  • Українська
  • Tiếng Việt
  • Èdè Yorùbá
একটি কলব্যাক অনুরোধ গ্রহণ করা হয়েছে।
আমাদের বিশেষজ্ঞগণ যত দ্রুত সম্ভব আপনার সাথে যোগাযোগ করবে।
ভুল হয়েছে।
দয়াকরে আবার চেষ্টা করুন।
এখন কথা বলতে পারবেন না?
আপনার প্রশ্ন জিজ্ঞাসা করুন চ্যাট.