Tag: oil
Market Overview – FOMC In Focus
While about what event will highlight the day we rather cannot argue, but investors will not only focus on the FOMC. On Wednesday, February...
Market Overview – Data From Australia Unsatisfying
As I mentioned in yesterday afternoon review of the market, one of the most important publications in the Asian session was Australian report on...
The Afternoon Market Overview – Brexit No Longer Scary?
Today's event of the day was the decision of the UK Supreme Court on the issue of commencement of the Brexit procedure. Unclear was...
Asian Session Overview – Oil Again in the Spotlight
In yesterdays European session review we informed about problems of Iraq to complement the provisions of November's OPEC decision. In result of this insubordination we...
The Morning Market Overview – Higher Inventories of Crude Oil?
Wednesday's session, although much more volatile than those earlier this week passed relatively quietly. This was supported by lack of important macroeconomic publications, which...
Westpac: Oil remain supported
Oil jumped higher Monday as non-OPEC countries agreed to contribute a further 558,000b/d in production cuts and remained supported throughout the week on investor...
Oil – Demand Weaker This Week
On Monday price of crude oil opened with bullish gap. It soon turned out that the demand overreacted with optimism and as a result,...
Analysis For Beginners: Oil – Bullish Gap and Rally to Levels from July 2015
The current week on the oil market began with a bullish gap, where the opening took place over last week highs and also above...
Oil Prices Up Strongly After Saturday’s Agreement
Countries outside OPEC on Saturday signed an agreement in which decided to reduce production by 558K barrels per day. Although there was no surprise the...
Crude Oil Prices: “Random”? Hardly.
Last week's shocking spike in crude oil prices is +12% and counting, the biggest one-week gain in five years. Media stories blame one culprit:...
