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CFDs are complex instruments. 70% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money.

Oil refinery

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IG Spread betting and CFD Trading

Gold surges to a record high

Crude inventories rose for a sixth week in a row, by 1.4 million barrels, according to the EIA. It is lower than what analysts had forecast as refining rates picked up sharply.

2024-03-07T08:15:30+0000

IG Spread betting and CFD Trading

Oil price downward pressure continues

After Thursday’s volatility in the oil market the downward pressure continues. This time it was the turn of the EIA to show that stockpiles are building. Gasoline inventories saw the biggest weekly build in 30 years.

2024-01-05T09:58:00+0000

IG Spread betting and CFD Trading

Supply concerns continue to drive oil prices higher

The latest concerns around oil are being underpinned by the levels of crude stockpiles at the Cushing storage hub in Oklahoma. Cushing is strategically located to pull in barrels from top US shale fields and Canada.

2023-09-27T09:17:35+0100