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71% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
70.91% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.91% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.
US Session Analysis for CFD Instruments 05/03/2021
Fundamental analysis
05 March, 2021
Crude Oil prices continued their march higher on Friday. It is currently trading at $65.34. Yesterday’s OPEC+ meeting was very bullish for the black gold. The cartel agreed to hold off on production increases for another month. Saudi Arabia said it would continue its voluntary 1 million bpd cut another month. Russia and Kazakhstan were granted an exception to allow both of them to increase production about 150,000 barrels per day combined. OPEC+ remains disciplined and determined not to let the market get away from them like a year ago.
