On the fond oil market, there have been significant changes in oil prices at the beginning of trading in the secondary market. Investors are waiting for the monthly report from OPEC after the Chinese stimuli program and the implications of the supply cut proposals raised...
Analysts indicate that investor sentiments remain at a significant level due to the expectations of the OPEC report. In addition, the market is monitoring the developments in the situation in China and the effects of the measures taken.
"We see that oil prices are currently holding at one level, but they are still very vulnerable to any news from the political sphere or analytics," noted one of the experts.
According to traders, oil prices maintain relative stability, but experts draw attention to possible price fluctuations in the near future depending on a number of factors, including OPEC's decisions and the situation in the Chinese market.
