Oil prices have increased

22 November 2019

Positive changes at the oil marketDear clients,

The oil increased in price by 4 percent over the last two days, as Saudi Arabia invokes OPEC to extend the cuts in hydrocarbon output to Jule 1, 2020.

In December another important event will take place — OPEC summit. Saudis need high oil price to hold IPO Saudi Aramco successfully, targeted in December too. Fall in oil prices before these events will be gainless for all market participants, that's why quotes may grow more.

The oil contentedly profitable asset this autumn. Moreover, we canceled fuel swaps.

Hold the course for oil and earn more!

Oil prices have increased

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