High: Low:
Marathon Oil Corp. An American energy company focused on petroleum and natural gas exploration and production, based in Houston, Texas. Yahoo! Finance
Marathon Oil Corp. An American energy company focused on petroleum and natural gas exploration and production, based in Houston, Texas. Yahoo! Finance
| Spread | 0.25 | Spread (%) | 0.98% |
|---|---|---|---|
| Overnight funding - Buy | -0.06144% | Overnight funding - Sell | -0.0264% |
| Initial margin | 20.00% | Maintenance margin | 10.00% |
| Leverage | 1:5 | Expires daily | No |
| Name | Sell | Sell button / Change | Buy | Change | ||
|---|---|---|---|---|---|---|
| {{item.Name}} | {{item.SellPrice}} | Sell | {{item.BuyPrice}} | 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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Winter storms caused supply concerns in the U.S., while China lifted COVID-19 restrictions, boosting Oil’s prospects.
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