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InstaForex - Official partner of Dragon Racing

This section features the most important information about trading with InstaForex. We provide both analysis from leading experts for experienced traders and articles on trading conditions for beginners. Our services will help increase your profit potential.

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Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.

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InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.

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2018.02.2014:46:00UTC+00Pump Up The Jam: Oil Rises Near $62 Despite U.S. Output

Crude oil prices rose Tuesday amid reports that Saudi Arabia wants $70 oil. It was previously thought that +$60 oil would compel the Saudis to pump more oil in an effort to keep prices low.

They do not want to tempt the U.S. oil drillers to increase output, but $70 oil could work for everyone, according to media citing Saudi officials.

The U.S. is going to keep pumping it, a top Trump administration official said today.

"it means greater national security as we seize depending on unstable and yes sometimes even hostile sources, while we export energy to our friends abroad, freeing them from a similar dependence," he said.

WTI light sweet crude oil was up 24 cents at $61.94 a barrel, taking back some recent losses.

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