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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 16/01/2024
Fundamental analysis
16 January, 2024
Crude oil is trading today at 73.20
Crude oil futures traded higher on Tuesday morning as more oil tankers decided to avoid the Red Sea shipping routes. Market reports said at least six oil tankers decided to avoid the southern Red Sea route on Monday. This followed the increase in tensions in the region due to air-borne attacks by US-led forces on Houthi targets in Yemen.
A Reuters report said the US-led Combined Maritime Forces (CMF) on Friday warned all the ships to avoid the Bab al-Mandab Strait at the south end of the Red Sea. This followed the attack on Houthi targets in Yemen.ed Sea route on Monday.
