High: Low:
| Spread | 0.52 | Spread (%) | 0.50% |
|---|---|---|---|
| Overnight funding - Buy | -0.0606% | Overnight funding - Sell | -0.02724% |
| Initial margin | 50.00% | Maintenance margin | 25.00% |
| Leverage | 1:2 | Expires daily | No |
| Name | Sell | Sell button / Change | Buy | Change Change | Change Change | Change Change | |||
|---|---|---|---|---|---|---|---|---|---|
| {{item.Name}} | {{item.SellPrice}} | Sell | Buy | {{item.ChangePercentText}} | Trade | ||||
Oil prices hit a 5-week low on Tuesday due to US economic concerns, debt ceiling, and Fed's hike expectations. Major oil producers also reported mixed earnings, with Morgan Stanley cutting its Q3 forecast for Brent.
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On the back of unexpected OPEC+ production cuts, Oil and related stocks have gained renewed momentum this week.
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Natural Gas price caps announced by Australia’s government last Friday have producer firms concerned that future investment and exports could be negatively impacted.
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