OIL PRICES SLIP AS DELTA VARIANT SPREAD WEIGHS

Brent Oil was trading 0.76% down at $71.82.

Brent Crude Oil futures were down 26 cents, or 0.4%, to $72.15 a barrel by 1031 GMT. U.S. West Texas Intermediate (WTI) crude fell 42 cents, or 0.6%, to $70.14 a barrel.

The United States and China, the world’s two biggest oil consumers, are grappling with rapidly spreading outbreaks of the highly contagious Delta variant that analysts fear will limit fuel demand at a time when it traditionally rises in both countries.

On the technical front Brent Oil , RSI Stood at 43.548, the current price is trading Below All the Moving Averages . So, a Sell trade can be executed with the following target and stop-loss:

TRADE SIGNAL- Brent Oil– SELL: 71.90, TARGET:-61.90, STOP LOSS:- 76.90.
https://www.capitalstreetfx.com/en/oil-prices-slip-as-delta-variant-spread-weighs/

VANGUARD SAYS IT WILL GIVE EMPLOYEES $1,000 TO GET THE COVID-19 VACCINE

Vanguard signage at a Morningstar Investment Conference. Vanguard is offering its employees $1,000 to get vaccinated against Covid-19, the company has confirmed.

Kurtz also confirmed the company’s 16,500 eligible employees have until Oct. 1 to get the vaccine, which Bloomberg first reported Wednesday.

Walgreens Boots Alliance said Wednesday that the number of vaccines it has administered has surged by more than 30% in the past few weeks in certain states, including Alabama, Florida, Georgia and Kentucky.

That number could rise as the Food and Drug Administration gives full approval, versus emergency use authorization, to the vaccines, which it aims to do for the Pfizer vaccine next month. Still, businesses like Vanguard are encouraging employees not to wait.
https://www.capitalstreetfx.com/en/vanguard-says-it-will-give-employees-1000-to-get-the-covid-19-vaccine/