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67% 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. 67% 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.
75% 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. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
EU Session Analysis for CFD Instruments 18/07/2023
Fundamental analysis
18 July, 2023
Oil prices inched upwards in Asian trade on Tuesday as investors eyed a possible tightening of U.S. crude supplies, after sinking in the previous session on weaker-than-expected Chinese economic growth. Market participants were awaiting industry data later on Tuesday that is expected to show U.S. crude oil stockpiles and product inventories fell last week. Four analysts polled by Reuters estimated on average that U.S. crude inventories fell by about 2.3 million barrels in the week to July 14. Meanwhile, U.S. shale oil production is projected to fall to nearly 9.40 million barrels per day in August, which would be the first monthly decline since December 2022, data from the Energy Information Administration showed on Monday. Still, global supplies could see a boost from the resumption of output at two of three Libyan fields that were shut last week.
