12:46 PM · 5 August 2020

OIL up 3.5%, highest since March

Oil prices are moving sharply up today for both Brent (OIL) and WTI (OIL.WTI) after yesterday’s API report showed major decline in inventories. Using USD weakness OIL crushes $45 resistance and trades at the highest level since March. Consequently, $45 is now a support level ahead of the DOE report on inventories (3:30pm BST) and there’s no obvious resistance level in sight.

30 July 2026, 6:38 AM

Morning Wrap: Markets Are Trying to Rebound Following Big Tech Earnings and the Fed's Decision

29 July 2026, 8:45 PM

Daily Summary - The market starts to doubt rate hikes after Warsh, but Trump destroys the rebound

29 July 2026, 6:38 PM

Strong Sell-off in Coffee and Cocoa

29 July 2026, 4:30 PM

⚫Massive Drop in US Oil Inventories Further Fuels Prices

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