Russia has decided to impose a temporary ban on oil product imports, Reuters reported on Monday, citing Interfax news agency. No further details have been yet reported on the matter. Market reaction Crude oil’s reaction to this headline was muted. As of writing, the barrel of West Texas Intermediate (WTI) was trading at $33.45, losing 0.4% on a daily basis. Last week, the WTI gained 12.67% and closed the fourth straight week in the positive territory. In May, the WTI is up around 75%. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next BTC/USD: Grayscale Bitcoin Trust absorbs 2/3 of new Bitcoin supply FX Street 3 years Russia has decided to impose a temporary ban on oil product imports, Reuters reported on Monday, citing Interfax news agency. No further details have been yet reported on the matter. Market reaction Crude oil's reaction to this headline was muted. As of writing, the barrel of West Texas Intermediate (WTI) was trading at $33.45, losing 0.4% on a daily basis. Last week, the WTI gained 12.67% and closed the fourth straight week in the positive territory. In May, the WTI is up around 75%. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
