TeleTrade - Analytics


719.50 6.50/10
57% of positive reviews

06.11.2015 06:33 Oil prices rebounded slightly

West Texas Intermediate futures for December delivery climbed to $45.53 ( 0.73%), while Brent crude rebounded to $48.31 ( 0.69%) after falling on Thursday amid growing U.S. crude inventories. However oversupply keeps weighing on prices as well as a strong dollar, which makes this dollar-denominated commodity more expensive for users of other currencies. The dollar rose nearly 5% throughout October on expectations of an imminent interest rate hike.

To leave a comment you must or Join us

By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree