Posted on 08 April 2015
There are several “to do lists” that crude oil trader would have to be aware of. Fundamentally, the oil could be affected by the next factors: Economic Indicators – Oil is the resource that drives the economy forward more than any other resource on the planet. Therefor, when economy is growing it is inevitable […] Continue Reading...
Crude Oil Futures Rollover One of the most important things to bear in mind while trading futures is futures rollover. The contracts between the buyer and the seller, for any derivatives of financial instruments,were created to deliver or receive the goods in a certain month. Primary, the futures exchanges were established for farmers to […]
Crude Oil prices dropped sharply towards $92 a barrel Monday morning as sentiment appeared to favor a downturn in global industry and manufacturing. The sudden halt to this downward movement came as a result of several forces Tuesday morning. Primarily leading the rebound in oil prices was a sense that risk aversion was on the […]
Oil prices fell hard this morning with $92 a barrel coming easily into view. US oil stockpiles dropped over 3 million barrels last week which appears to have failed to support the price of the black gold. Speculative reports of unilateral action by Saudi Arabia to boost production have many investors going short on physical […]
Crude Oil prices dropped sharply towards $94 a barrel Wednesday as sentiment appeared to favor a downturn in global industry alongside a slump in demand for the black gold. Data releases out of Britain and the US yesterday were driving many investors back into safe haven assets as most reports suggested murky growth in global […]
Oil prices held steady this morning with the $102 price level acting as a firm footing for this commodity. US oil stockpiles sunk sharply last week, falling well below expectations and helping to hold the value of Light, Sweet Crude steady near its current mark. The price of black gold has been trading within a […]