Oil grows by 2.5% – investors are ready again to risk
Oil prices are showing positive dynamics this morning - at 9:57 am Brent rose by 2.64% to $ 40.45, WTI - by 2.53% to $ 38.12. Players are now more risk averse amid results elections in the United States. The country's leading television channels have already announced Joe Biden's victory. By results at the moment, he scored what he needed to win the number of electors and bypassed Donald Trump. According to CMC Markets Senior Market Strategist Michael McCarthy, whose words leads the agency Reuters, there is growing investor confidence that Biden will win, but the Republicans will control senate. These sentiments are now manifested in the growth of oil quotes, however, in the future, the main influence on them may again be exerted by the situation with coronavirus in the world, the expert noted. The latter continues to deteriorate. In the USA last week there was recorded a new record for the number of diseases in Europe quarantine restrictions are being tightened.