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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 09/11/2023
Fundamental analysis
09 November, 2023
Crude oil is trading at around 75.58.
West Texas Intermediate (WTI) Crude Oil prices struggle to register any meaningful recovery on Thursday and remain on the defensive for the third straight day.
Easing worries about the potential supply disruptions from the Middle East, led by the Israel-Hamas conflict, and concerns over waning demand in the US and China – the world's top consumers – continue to weigh on Oil prices.
Data released earlier this week showed that China's crude imports in October were robust, though the worsening economic outlook is expected to dent fuel demand. The fears resurfaced after the latest inflation figures from China indicated sustained deflationary pressures in the wake of weak discretionary spending and business activity. This comes on top of reports that Russia’s oil exports hit a near four-month high in the prior month, which eased worries about tight global supplies.
