This morning, New York crude oil futures WTI rose by 1.61% to $ 49.34 per barrel. Crude oil futures for Brent rose by 1.73% to $ 50.02 per barrel. Thus, the black gold is gaining so far backed by the weakening of the dollar and reduce fears of a possible withdrawal of Britain from the European Union. Oil is rising, despite an increase in the number of drilling rigs in the United States the third consecutive week with production growth. The number of drilling rigs increased by 9 units for the week ended June 17 according to Baker Hughes.

The post Oil takes advantage of Usd selling appeared first on forex-analytics.press.