The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
After seeing considerable strength in overnight trading, the price of crude oil moved sharply lower during Wednesday's session in the U.S.
Crude for June tumbled has plunged $1.52 or 2.4 percent to $62.15 a barrel, more than offsetting the $1.26 or 2.0 percent surge seen on Tuesday.
The sharp pullback by the price of crude oil came as a report from Reuters citing three sources familiar with OPEC+ talk said several members will suggest the group accelerates oil output hikes in June for a second consecutive month.
Following OPEC+'s decision to in April to increase output by 411,000 barrels per day of oil in May, the three sources told Reuters some members want to increase output by a similar volume to the May increase.
Eight members of OPEC+ are scheduled to meet on May 5 to decide the June output plan.
The decrease by the price of oil also came as the Energy Information Administration released a report unexpectedly showing an uptick by U.S. crude oil inventories in the week ended April 18th.
The report said crude oil inventories crept up by 0.2 million barrels last week after rising by 0.5 million barrels in the previous week. Economists had expected crude oil inventories to dip by 0.7 million barrels.
However, the EIA said also gasoline inventories tumbled by 4.5 million barrels last week and are about 3 percent below the five-year average for this time of year.
Distillate fuel inventories, which include heating oil and diesel, also decreased by 2.4 million barrels last week and are about 13 percent below the five-year average for this time of year, the report said.
