CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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.


January 3, 2017

Oil prices are at a new 18-month high as as energy traders predict significant supply cut by OPEC members.

At 12:59 GMT, WTI Crude Oil (CL) was trading at $55.00 per barrel (adding 1.93% since previous session).
Sunday, January 1st marked the official start of a deal agreed by the Organization of the Petroleum Exporting Countries and other major crude exporters such as Russia to reduce output by almost 1.8 million barrels per day.

If you think crude oil will continue to go up open a BUY position, or if you think it will go down, open a SELL position.

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For General Information only. Not intended to provide Trading or Investment Advice.
Your Capital is at Risk. Losses can Exceed Deposits.
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