Read more
9:19 AM · 15 September 2020

🛢 OIL rebounds from the key level

OIL
Commodities
-
-

OIL saw a very steep correction in the first half of September sliding from $46.50 to $39.30. This level has been turned into a support and so far buyers are able to defend it, preventing more price declines. The fourth successful defense of $39.30 raises chances of at least temporary gains.

OIL buyers are winning battles but can they win the war? OIL fundamentals are still troubling: OPEC cut demand outlook, output is rising and US inventories are moving up again now that the driving season has ended. It seems like OIL gains today have been driven purely by recovering equities with US500 back above 3400 points. A break of $39.30 in case of reversal would pave the way to a stronger support at $37.   

5 December 2025, 6:43 PM

NATGAS surges 5% reaching 3-year high 🔎

5 December 2025, 4:30 PM

3 markets to watch next week (05.12.2025)

4 December 2025, 6:54 PM

Daily Summary: Market treads careful, awaits inflation and FED

4 December 2025, 2:39 PM

🛢️ Natural Gas Close to $5

Join over 2 000 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits