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Brent crude oil exceeded $49 for the first time since March


十一月, 26 2020
watermark Economic news

The price of January Brent oil futures rose above $ 49 per barrel for the first time since March 6, when prices began to collapse. The current quote for the asset is $47.90.


Prices were supported by yesterday's data from the US Department of Energy, according to which commercial oil reserves in the country fell by 0.8 million barrels, contrary to expectations of an increase of 0.1 million.


An additional positive comes from the news about the development of vaccines against coronavirus. The effectiveness of several drugs from COVID-19 is assessed as high, which gives investors hopes for a faster recovery of the global economy.


We recall that in March, oil quotations fell sharply after the OPEC+ countries were unable to agree on changing the parameters of the agreement on the reduction of black gold production or its extension.


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外汇本质上有高度的投机性和复杂性,可能并不适合所有投资者。 外汇交易可能会带来重大的收益或损失。 因此,建议您不要承担无法承受的损失。 在使用ForexMart提供的服务之前,请确认外汇交易相关联的风险。 必要时寻求独立的财务意见。请注意,过去的业绩和预测都不是未来结果的可靠指标。