By IFCMarkets
World oil prices rose by about 30% over the week.Investors are expecting a reduction in the oil output of OPEC+ member countries. Against this background, shares of oil and gas companies showed the greatest increase. As often happens, a correction may occur after the announcement of real volumes of oil production decline.There is even an exchange saying about this: Buy the rumor, sell the fact.
1. Tullow Oil PLC – a British oil and gas company.
2. Cenovus Energy Inc – a Canadian oil and gas company.
1. Arconic Inc. – an American aluminum producer (former Alcoa).
2. United Technologies Corporation – an American company manufacturing military aerospace and civil construction equipment.
Free Reports:
1. AUDJPY, AUDCHF – the growth of these charts means the strengthening of the Australian dollar against the Japanese yen and the Swiss franc.
2. USDTRY, USDZAR – the growth of these charts means the weakening of the Turkish lira and the South African rand to the US dollar.
1. EURRUB, USDRUB – the fall of these charts means the strengthening of the Russian ruble against the euro and the US dollar.
2. EURAUD, EURNZD – the fall of these charts means the strengthening of the Australian and New Zealand dollars against the euro.
Note:
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