Crude Oil – Crude Oil Prices Flat to Start Week
The price of crude oil saw very little movement ahead of the Christmas holiday on Monday due to the lack of developments in US “fiscal cliff” negotiations and international economic indicators. The commodity ended Monday’s session at $88.60 a barrel, down $0.30 for the day.
Today, crude oil prices are likely to see volatility if there are any announcements or developments in the US “fiscal cliff” negotiations. Signs of progress in the negotiations are likely to lead to risk taking among investors, which may boost oil as a result.
Disclaimer The analysis we provide is based on the average estimate of price movements in one day. Does not guarantee what we deliver is actually a proper and correct. Everything that happens in the decisions you make on your trading transaction is to be Your responsibilities. Visit Us www.deryworldscorp.web.id
No comments:
Post a Comment