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News FreshForex

June 16, 2020 in 10:15

TRADING SIGNALS: OIL

Dear traders,

On June 17 at 14:30 GMT stocks of crude oil in the United States data will be published. The data is the key for the market, as its changes make it possible to track the level of demand and black gold price.

Check trading recommendations from FreshForex analyst Alexander Goryachev:

In the US the number of drilling platforms is now at a minimum over the past 65 years, which points to a decrease in oil production. This factor will positively affect the price of black gold. Today consider opening Buy positions: #WTI, #BRENT, #Exxon".

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