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70% 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% 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.
70.41% 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. 70.41% 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 09/10/2023
Fundamental analysis
09 October, 2023
Crude Oil is trading today at 85.30.
Due to the Israeli-Palestinian war, crude oil prices have increased by 5% in the global market.
According to the international media, after a continuous decrease, the price of West Texas Intermediate (WTI) increased in the market today reaching 88.39 dollars per barrel.
It is pertinent to note that during the last two weeks, crude oil prices in the international market continued to decline by more than 5.5%. According to experts, the decrease in the price of crude oil is due to the slowdown in the global economy and fears of low demand. On the other hand, the Organization of the Petroleum Exporting Countries (OPEC) is unlikely to further cut oil production.
