Oil has moved up after a fall
Oil prices are correcting after yesterday's decline. В 6:37
Brent rose 0.63% to $65.44 and WTI rose 0.61% to $62.29.
On Monday the quotes continued their negative trend under the
The situation with the coronavirus in the world continued its negative trend on Monday, after 11:00 p.m. the losses
were 0.31% to 0.5%.
In a number of countries the number of new diseases continues to grow, which
players are worried about the prospects for demand for
oil. The worsening pandemic is contributing to the extension of existing
The worsening of the pandemic is encouraging prolongation of existing restrictive measures and the imposition of new ones, slowing down global economic recovery.
The worsening pandemic is prolonging existing restrictive measures and imposing new ones, slowing global economic recovery and negatively impacting oil consumption. The focus
of public attention is India, the world's second most
India has the second highest number of infections on record. Investors
are closely watching the situation in this country, which is one of the most important importers of oil.
one of the most important importers of oil.
According to Vandana Hari, head of the analytical company Vanda Insights,
In the near future the market will be volatile because of
The contradictory moods of market participants: on the one hand, many are expecting
The U.S. economy will soon recover, on the other hand - the pandemic
continues to intensify.