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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.
EU Session Analysis for CFD Instruments 10/06/2022
Fundamental analysis
10 June, 2022
Oil prices fell on Friday but still hovered near three-month highs, with fears over new COVID-19 lockdown measures in Shanghai outweighing solid demand for fuels in the world's top consumer United States. Shanghai and Beijing went back on a fresh COVID-19 alert on Thursday after parts of China's largest economic hub imposed new lockdown restrictiosn and the city announced a round of mass testing for millions of residents. China's crude oil imports rose nearly 12% in May from a low base in a year earlier, although refiners were still battling high inventories with COVID-19 lockdowns and a slowing economy weighing on fuel demand last month. Meanwhile, peak summer gasoline demand in the United States continues to boost crude prices. The United States and other nations have engaged in a series of releases of strategic reserves, but these have had limited effect, with global crude production rising very slowly.
