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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.
70.41% 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.
EU Session Analysis for CFD Instruments 01/09/2023
Fundamental analysis
01 September, 2023
The US crude oil benchmark is trading around the $83.83 mark so far on Friday. WTI prices trade in positive territory for the fourth consecutive day on expectations that oil production cuts by Saudi Arabia and OPEC+ will continue through the end of 2023. Higher WTI prices are also bolstered by the big draw in US crude oil inventories. On Wednesday, the Energy Information Administration (EIA) showed that crude oil stocks declined by 10.584M barrels in the week ending August 25, better than the expectation of a -3.267M barrels drop. On the same line, the American Petroleum Institute (API) reported that US crude oil inventories dropped by about 11.486M barrels compared to the previous week’s -2.418M barrels, marking the largest decline since September 2016.
