Despite the favourable condition at external market, yesterday crude oil market closed with a mixed nature, today black gold is slightly dropping in value. According to the results of the first October trading session, November future for WTI crude oil has risen by 0.31 percent or 0.29 dollar at New York exchange NYMEX, having reached 92.48 dollars per barrel. At the same time, the contract for Brent crude oil has dropped by 0.18 percent or 0.20 dollars at London exchange ICE, having reached 112.19 dollars per barrel. The price for crude oil used to reach 113 dollars per barrel.
By this point November future for WTI crude oil has lost 0.2 dollar or 0.22 percent, having amounted to 92.28 dollars per barrel. Brent crude oil has dropped by 0.1 percent or 0.09 dollars, having amounted to 112.09 dollars per barrel.
The chart below reflects the current state of affairs in the market of crude oil. Recent trading session started with a growth, but closed with a mixed nature, namely, it is traded between significant points 89-93.26. If one of these points is broken, it may set the mid-term price movement. At this point the main scenario concerns soon start of uptrend within wave [iii] or [c].
