Sentiment remained firmed ahead of the European opening as a US-led military strike appears less likely as Syria accepted Russia’s proposal to hand over the chemical weapons stocks for UN’s inspection and the US Congress delayed a vote. The front –month contract for WTI crude oil dropped -1.94% and the Brent crude contract plummeted -2.17% during the day. Both benchmarks have remained weak. Gold dropped to 1357.6, the lowest level in 3 weeks.
Read more:
Crude Plunged as Geopolitical Tensions Eased
Leave a Reply
You must be logged in to post a comment.