+84 888161016

24/7 Customer Support

Mon - Sunday: 24/24

Online store always open

Escalation of Israel-Palestinian conflict may affect oil market

October 11, 2023| Forex Market


Ahead of the meeting with Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman later on Wednesday, Russian Deputy Prime Minister Alexander Novak said that “Russia and Saudi Arabia will discuss oil market situation and oil prices,” TASS news agency reported.

Novak said that “the escalation of the Israel-Palestinian conflict may affect the oil market.”

Market reaction

WTI is catching a fresh bid in immediate reaction to the above comments, challenging daily highs at $84.90, up 0.38% on the day.

Source link

Categories: Trading tips

Get In Touch!

What type of Forex Tool(s) are you interested in ?
How can we reach you ?