Our team has over 7,000,000 traders!
Every day we work together to improve trading. We get high results and move forward.
Recognition by millions of traders all over the world is the best appreciation of our work! You made your choice and we will do everything it takes to meet your expectations!
We are a great team together!
InstaSpot. Proud to work for you!
Actor, UFC 6 tournament champion and a true hero!
The man who made himself. The man that goes our way.
The secret behind Taktarov's success is constant movement towards the goal.
Reveal all the sides of your talent!
Discover, try, fail - but never stop!
InstaSpot. Your success story starts here!
Oil prices rose on Wednesday to trade near 10-month highs, drawing support from upbeat outlooks published by OPEC and the EIA.
Benchmark Brent crude futures climbed 0.6 percent to $92.59 a barrel, while WTI crude futures were up 0.6 percent at $89.38.
The monthly report from the Organization of the Petroleum Exporting Countries (OPEC) showed the oil market is going to be a lot tighter than initially thought amid robust demand and lower production.
OPEC now expects a 3.3 million barrels a day deficit over the next 3 months, which is one million more bpd of a deficit than some energy traders were anticipating.
Separately, new projections from the International Energy Agency suggested that global oil demand will peak this decade.
Oil cuts by OPEC+ allies Saudi Arabia and Russia will cause a "significant" global supply shortfall through the end of the year, raising the risk of further market volatility, the International Energy Agency said.
"From September onwards, the loss of OPEC+ production, led by Saudi Arabia, will drive a significant supply shortfall through the fourth quarter," the IEA said.
More signs of global supply tightness due to storm-related output disruption in Libya also supported prices and overshadowed data from the American Petroleum Institute showing that U.S. crude inventories rose 1.2 million barrels last week - marking the first such climb in five weeks.
