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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 28/04/2021
Fundamental analysis
28 April, 2021
Oil prices rose on Wednesday amid optimistic forecasts of global fuel demand recovery, while the rapid spread of COVID-19 infections in India and a bigger-than-expected build in U.S. crude stocks capped gains. An OPEC+ decision to stick to plans for a phased easing of oil production restrictions from May to July underscored the producers’ confidence in a recovery in global demand. U.S. bank Goldman Sachs expected “the biggest jump in oil demand ever, a 5.2 million barrels per day (bpd) rise over the next six months,” according to a Wednesday research note, citing an acceleration of vaccinations in Europe and an unleashing of pent-up travel demand. The easing of international travel restrictions in May will lead global jet demand to recover by 1.5 million bpd, Goldman said.In a report by OPEC+ experts, the group forecast global oil demand in 2021 would grow by 6 million bpd, after falling 9.5 million bpd last year.
