WTI resumes the decline and breaks below $67.00
24.03.2023, 14:24

WTI resumes the decline and breaks below $67.00

  • Prices of the WTI adds to Thursday’s losses on Friday.
  • Weekly gains appear capped near $72.00 per barrel.
  • Driller Baker Hughes will report on the weekly drilling activity later.

Prices of the barrel of the American benchmark for the sweet light crude oil add to Thursday’s pullback and revisit the sub-$67.00 region at the end of the week, or 3-day lows.

WTI weaker on banking turmoil, strong dollar

In fact, banking concerns and rising jitters on a potential contagion continue to weigh on traders’ sentiment and underpin at the same time the daily retracement.

Also playing against the commodity appears the marked bounce in the greenback in combination with recent news that the Biden administration could delay until the next year its restocking of oil inventories.

Later in the session, Baker Hughes will publish its usual weekly report on US oil rig count in the week to March 24.

WTI significant levels

At the moment the barrel of WTI is down 0.94% at $68.81 and a breach of $64.41 (2023 low March 20) would aim for $61.76 (monthly low August 23 2021) and then $61.58 (monthly low May 21 2021). On the upside, the next hurdle is located at $71.63 (weekly high March 23) followed by $76.33 (55-day SMA) and finally $80.90 (monthly high March 7).

 

© 2000-2024. 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.

Politika sprečavanja pranja novca

Upozorenje o rizicima

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.

Politika poverenja

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.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik