Crude oil prices push higher as Hurricane Laura turns into a category 3 hurricane. WTI trades at its highest level since early March above $43.50. Eyes on EIA’s Crude Oil Stocks Change data. Crude oil prices continue to push higher on Wednesday on reports showing that Laura has strengthened into a category three hurricane and is forecasted to turn into a category 4 later in the day. Hurricane activity supports WTI Hurricane Laura has maximum sustained winds of 115 miles (185km) per hour and currently located about 290 miles (465km) southeast of Galveston, Texas, the US National Hurricane Center (NHC) announced, as reported by Reuters. Oil producers in the US have already shut most of their output in the Gulf of Mexico. As of writing, the barrel of West Texas Intermediate (WTI), which touched its highest level since March 6th at $43.65 earlier in the hour, is trading at $43.50, gaining 0.32% on a daily basis. Later in the session, the US Energy Information Administration (EIA) will publish its weekly Crude Oil Stocks Change data. Technical levels to watch for 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 USD/CHF refreshes session tops and retreats, up little around 0.9090-95 area FX Street 3 years Crude oil prices push higher as Hurricane Laura turns into a category 3 hurricane. WTI trades at its highest level since early March above $43.50. Eyes on EIA's Crude Oil Stocks Change data. Crude oil prices continue to push higher on Wednesday on reports showing that Laura has strengthened into a category three hurricane and is forecasted to turn into a category 4 later in the day. Hurricane activity supports WTI Hurricane Laura has maximum sustained winds of 115 miles (185km) per hour and currently located about 290 miles (465km) southeast of Galveston, Texas, the US National Hurricane Center (NHC) announced, as… 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.
