Crude Oil Price Hiked By Saudi Arabia Makes BRENT Go Up. Despite OPEC+ Decision, WTI Has Increased As Well

Oil prices climb following Saudi price hike

Brent crude climbs 91 cents to $120.63 after touching $121.95 earlier in the day, following Saudi Arabia's decision to hike crude prices to a 3-month high. US West Texas Intermediate crude futures are up 93 cents at $119.80 a barrel signalling tight oil supply despite OPEC+ agreement to accelerate output over the next two months.

ICM.COM Market Updates

ICM.com is a UK-based, global, multi-regulated broker, and financial services provider, providing online foreign exchange (FOREX) and Contract for Difference (CFDs) trading solutions as well providing access to most of the world’s stock exchanges via its ICM Securities platform.

ICM’s aim is to provide a safe online trading environment and comprehensive support to all its customers with no compromise on speed, performance, variety of instruments, or price.

The company provides one of the highest levels of insurance in the industry. Client funds are secured in segregated accounts with tier 1 banks and they offer a variety of ways to ensure your funds are always easily accessible. They also have a Civil Liability Insurance Programme that covers up to £5 million.

ICM.com have over 5,000+ products available including currencies (FOREX), Indices, Commodities, precious metals, futures, and cryptocurrencies making them a one-stop-shop for all your trading needs. Its products can be traded via the MetaTrader 4, MetaTrader 5, or cTrader platforms. The company also provides access to all the major stock exchanges globally via its ICM Securities platform.

Crude Oil Price Hiked By Saudi Arabia Makes BRENT Go Up. Despite OPEC+ Decision, WTI Has Increased As Well | ICM.COM

ICM.COM Market Updates

Topics

Read more