empty

InstaForex Loprais Team - Official participant of the Dakar rally

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.

Account Opening

See also

Trading Conditions

Forex Analytics

This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.

Start as Beginner

Open Demo Account

Trading Platform

How to start trading

Video Tutorials

Contests by InstaForex

Useful information

InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.

Become Investor

ForexCopy System

Passive investments

OYS account

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.

Advantages for Affiliates

This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.

All Promo Campaigns

Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.

We are in social networks

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.

InstaForex Stars

InstaForex Offline

Social Responsibility

InstaForex - Official partner of Dragon Racing

2021.06.1519:14:00UTC+00Oil Futures Settle Sharply Higher On Demand Hopes

Crude oil prices rose sharply on Tuesday, with traders betting on hopes demand for oil will see a significant increase in the second of this year amid signs of a strong economic rebound from the pandemic.

Expectations that the official data, due Wednesday morning, will reveal another drop in weekly crude inventories contributed as well to oil's uptick. Analysts expect crude stockpiles may have dropped by about 3 million barrels last week.

A slowdown in talks between Iran and global powers in reviving a 2015 nuclear deal also supported oil prices.

Markets are also looking ahead to the Federal Reserve's monetary policy announcement, due Wednesday afternoon.

West Texas Intermediate Crude oil futures for July ended up by $1.24 or about 1.8% at $72.12 a barrel, the highest settlement in over two-and-a-half years.

Brent crude futures were gaining $1.25 or 1.7% at $74.11 a barrel a little while ago.

Traders now await weekly crude oil reports from the American Petroleum Institute (API) and Energy Information Administration (EIA). While the API's report is due later today, the EIA is scheduled to release its data Wednesday morning.

Last Friday, the International Energy Agency (IEA) said in a report that it expects global oil demand to return to pre-pandemic levels late next year.

World consumption will once again surpass 100 million barrels a day in the second half of 2022 as developed economies bring the virus under control, the agency said and called on the Organization of the Petroleum Exporting Countries (OPEC) to "open the taps to keep the world oil markets adequately supplied."

Back to news list