17:48 · 29 September 2020

📉Oil drops 5% on demand fears🛢

Crude oil prices slumped on Tuesday as fears regarding the pace of oil demand recovery resurfaced once again. WTI dropped below $ 38.50 per barrel and Brent fell below $40.90 per barrel as the spread of the coronavirus pandemic does not show signs of abating and as the global COVID-19 death toll crossed the 1 million mark.  At the same time, investors remained cautious ahead of API data to be released later in the day, as well as the first US presidential debate between Donald Trump and Joe Biden. Also recent news that Libya may increase its oil production to 250 000 barrels per day weighed on market sentiment.
WTI Crude (Oil.WTI) dropped more than 5% during today’s session. Price broke below the major support level at $39.10. Should downbeat moods prevail, next support at $37.31 per barrel may come into play. Source: xStation5
9 September 2026, 19:02

Daily summary: Wall Street falls as oil prices rise 🚩 10-year Treasury yields hit their highest level since 2023

9 September 2026, 18:25

EIA raises oil price forecasts 🍳 What did the STEO report show?

9 September 2026, 16:15

📈 Oil climbs above $100

9 September 2026, 13:57

European TTF gas futures hit highest level since 2022 as inventories remain low ahead of winter

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.