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66% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
70.91% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.91% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.
US Session Analysis for CFD Instruments 08/10/2021
Fundamental analysis
08 October, 2021
Oil prices rose on Friday, and were on track for gains of nearly 5% this week, on signs some industries have begun switching fuel from high-priced gas to oil and on doubts the U.S. government would release oil from its strategic reserves for now. Oil prices rose on Thursday after a Bloomberg reporter said in a Twitter post that the U.S. Department of Energy (DOE) is not considering tapping into its emergency reserves “at this time,” nor pursuing a ban on oil exports. Overall, the week’s run-up has been spurred by soaring gas prices, which have encouraged a switch to oil for power generation, and a decision by the Organization of Petroleum Exporting Countries and allies led by Russia to stick to plans to add only 400,000 barrels per day of supply in November.
