Prop firm news

Oil reversed into positive territory: WTI at $91.50 after China halts fuel exports

WTI recovered intraday from the morning decline from around $88.00 and rose to nearly $91.50. The main driver was China's temporary suspension of oil product exports during the national holidays.

Trump: strikes on Iran may intensify after midterm elections

US President Donald Trump said that in the absence of an acceptable agreement, Washington may resume or intensify strikes on Iran after the midterm elections. The conflict has been ongoing for about seven months, and the situation around the Strait of Hormuz remains one of the key risks for the oil market.