Oil price forex

oil price forex

Вы находитесь: Saudi Arabia on Monday cut its selling price for oil to the U. Oil prices came under additional pressure after the European Union lowered its growth forecast for the euro zone earlier in the day, citing the tensions in Ukraine and the Middle East along with a lack of investment.

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The agency said it now expects gross domestic product in the single oil price forex bloc to grow 0. Inthe euro zone economy will likely grow 1.

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Meanwhile, oil traders awaited the release of fresh weekly information on U. Concerns over weakening global demand combined with indications that the Organization of the Oil oil price forex forex Exporting Countries will not cut output to support oil markets have weighed on prices in recent oil price forex.

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Some market analysts believe that only a cut in production by the oil cartel will halt the decline in prices. Oil ministers from the member group are scheduled to meet in Vienna on November 27 to consider whether to adjust their production target for early TurboForex - TurboForex offers an extensive set of professional tools for the financial markets.

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