The situation at the oil trading market
CFD1000 daily market analysis shows that on Monday the prices for oil have declined to the 4week minimum on the background of the background of waiting for the negotiations on freezing the oil production in the nearest time.
Brent oil with the delivery in June at ICE; London, has declined by 1,3% to $38,18 per barrel. At New York stock echange WTI il with the delivery in May has declined by 43 cent or 1,17% to $36,36 per barrel. The spread between Brent and WTI is $1,97 per barrel in comparison with $1,88 at the previous session.