Oil hid about $ 91

oil sector looks unstiting. On the one hand, investors have a lot of fears regarding the future demand for energy. On the other hand, right now nothing interferes with purchases. On Monday, Brent Brent balances about $ 91. Technically, on the daily schedule, raw materials are preserved in the corridor of consolidation, which can move the lower border up to $ 89.00. After the test of this line, the market can develop a growth wave to $ 97.00.

there is a feeling that investors felt for a certain fair oil cost, and it There is just about $ 90/barrel. Now the raw material segment in balance: the risks of interruptions in energy supplies from Russia are leveled by threats of weakening demand everywhere.

The topic of demand is actualized, then fades into the background. Against the backdrop of a global increase in the interest rates of the US Federal Reserve, this week will make another decision to increase the cost of loans, this enhances the risks of the recession. She, in turn, is a driver negative for the oil market. Fresh data from Baker Hughes by the number of oil Drill installations showed that in the USA the indicator for a week grew by 8 pcs., to 599 units. In Canada, the corresponding indicator expanded by 6 pcs., Up to 146 units.