Oil prices hit fresh monthly highs on Thursday, with front-month WTI futures rallying above prior monthly highs at $73.30 to reach $73.78, before backing off slightly to the $73.50 area. At current levels, WTI is up slightly more than 50 cents on the session putting it one course for a third consecutive positive close. If WTI does close out Thursday trade around $73.50, that would mean it has rallied a staggering $7.30 from earlier weekly lows just above $66.00.
As has been well documented at this point, the rally over the past three sessions has been spurred by positive Omicron/pandemic developments, including studies showing the new variant to be less severe and the US FDA approving highly effective Covid-19 treatment pills. The former development, coupled with a slowdown in the acceleration of the transmission rate in parts of Europe including the UK, has taken the pressure off of authorities to implement tougher economic restrictions.
Crude oil-specific factors have also helped; US inventories were revealed to have seen much larger than expected stock drawdowns last week. In other crude oil news that got less attention, the weekly US Baker Hughes rig count was released one day earlier than usual given tomorrow is a US market holiday. Oil and gas rigs rose to their highest level since April 2020 last week, a leading indicator of increased US output in the coming months.
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.