The CIF license of PFX Financial Professionals Ltd has been suspended by the Cyprus Securities and Exchange Commission until the 24th of December 2016. Please click here

30.06.2016 - Oil may correct after a strong growth

The price of oil showed strong growth against the background of the possible impact of the revaluation of the UK exit from the EU, investors' concerns about the likely strikes on oil rigs in Norway, which produces about 2.1% of the world's oil, as well as the reduction in US oil inventories by 4.1 million barrels last week. It should be noted that the potential for further growth of oil is low on the background of saving oversupply of oil on the market, as well as reducing the growth forecasts in the UK and the EU. According to our estimates, quotations of oil will decline in the near future, with the potential of reaching 47 and 45 dollars per barrel.

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RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.
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The CIF license of PFX Financial Professionals Ltd has been suspended by the Cyprus Securities and Exchange Commission until the 24th of December 2016. Please click here
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