Maradok 
Kereskedési feltételek
Products
Eszkozok
Oil prices were moving lower on Monday after top consumer China set a modest annual growth target for 2023.
Benchmark Brent crude futures fell 0.9 percent to $85.03 per barrel, while WTI crude futures were down 0.8 percent at $79.05.
China set a moderate growth target of around 5.0 percent for this year at the annual legislative session on Sunday in line with a global slowdown.
The was down below last year's target of 5.5 percent and came in at the lower end of expectations.
The second largest economy in the world grew only 3.0 percent in 2022, marking the weakest expansion in decades.
Investors were also reacting to reports suggesting that Poland's PKN Orlen will demand compensation after Russia halted oil deliveries to Poland via the Druzhba pipeline in late February.
"Russians stopped pumping oil to Poland...so we will now take legal action and demand claims," CEO Daniel Obajtek told private Radio Zet.
The dollar edged lower in early European trade as investors awaited a testimony by Fed Chair Jerome Powell and the U.S. jobs report this week for further clarity on the rate outlook.
We may place cookies for analysis of our visitor data, to improve our website and measure advertising performance. Overall this data is used to provide a better website experience. More information
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of Instant Trading EU Ltd including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.
We are sorry for any inconvenience caused by this message.
