• Forex
  • Investments
  • Loyalty program
  • Promotions and contests
  • Analysis
  • Getting started
  • About us

Oil market sees resurgence of optimism

Oil continued to rally on Wednesday, September 22, with Brent advancing 1.6% to $75.13/bbl, again exceeding the psychologically important $75/bbl level, and WTI  adding 1.56% to $71.84/bbl.

Iraqi Oil Minister Ihsan Abdul-Jabbar Ismail says that OPEC and OPEC+ are doing their utmost to keep the oil price below $70/bbl. US inventory data added to optimism as crude oil stockpiles showed a drawdown of 3.4 mln bbl, outpacing the median estimate.

Oil prices are still on the rise this morning as Brent is up 0.52% and WTI is 0.55% higher, exceeding the $72 mark. Our Brent price forecast for today is $75-76/bbl.

Latest reviews

Everyone has the chance to make a profit

You don't need to trade on your own to make a profit. Make a profit by entrusting your funds to experienced traders!


There's a better website for you

A new exciting website with services that better suit your location has recently launched!

Sign up here to collect your 30% Welcome Bonus.