FX & CFD trading involves significant risk
This morning, New York crude oil futures WTI rose by 1.09% to $ 48.37 per barrel and Brent oil futures climbed 0.89% to $ 49.69 per barrel. Thus, the black gold is gaining around 1%, as investors began to invest in commodity assets, after risks associated with the exit of Britain from the European Union fades. The second reason for the oil price growth - a strike in Norway and the crisis in Venezuela. In addition, data from the American Petroleum Institute (API) showed a reduction in reserves to 3.86 million barrels per week.
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