London's FTSE is seen 19 points higher at 5,851, Germany's DAX is seen 31 points higher at 10,666 and France's CAC 40 is seen 3 points higher at 4,497 while Italy's FTSE MIB is seen opening 39 points lower at 17,229, according to IG.
Oil prices slid 11% during overnight trading, extending Monday's nearly 25% decline amid ongoing fears that storage around the world is rapidly filling. European markets are heading towards a mixed open Tuesday as falling oil prices remain a focal point for investors.
I expect that we are gonna see how Oil becomes 'rubbish' due to low demand and electric vehicles, in the middle and long term. There will be no Rebound which we are gonna see, that's just a 'breather'
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Japan stocks set to rise as oil prices plunge overnight; HSBC earnings aheadWest Texas Intermediate for June delivery plunged more than 24% overnight to settle at $12.78 per barrel. International benchmark Brent crude futures also saw sharp losses as the contract fell 6.76% to $19.99 per barrel. 😷 Nothing makes sense anymore Clown market.
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